Belgian SD Worx announced today that they are acquiring the entire Aditro with its operations in the Nordic region. SD Worx is a leading provider of HR and payroll services in Europe with 4,600 employees in 12 countries. In 2020, SD Worx had a turnover of 743 M Euro.
The companies have a similar background and deliver both cloud services and outsourcing services for HR and payroll to their customers.
“We feel that there is a good match between us and SD Worx as we share the view of the HR and payroll market of the future,” says Martin Sjögren, CEO of Aditro. “Together, we will be able to offer our Nordic customers solutions in other European markets, but we also have a number of product synergies in our existing offerings,” he continues.
This acquisition takes place to create Europe’s leading supplier of HR and payroll services. SD Worx will continue to invest in Aditro’s products and services, but also offer solutions from SD Worx’s product portfolio.
“Aditro has a well-defined roadmap to develop our core offering. Together with SD Worx, we will also start a number of new strategic initiatives to further grow our business. ” continues Martin Sjögren.
CEO Aditro Group
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