Strengthens its focus on software for warehouse management

Visma acquires NYCE Solutions AB, a company that specializes in solving complex storage and logistics situations with its standard software NYCE.LOGIC WMS. The company becomes part of the Visma Retail Division and an important addition to the products and services portfolio.

Inventory management, logistics and deliveries have become increasingly central issues for the retail sector and for consumers in their digitized everyday life. Shopping in store is closely linked to shopping online, where processes for e-commerce are moving into the in store shopping experience.

- Consumers expect the seamless shopping experience and takes it for granted. Regardless of whether they started their purchase journey online and finish in store or vice versa. For retailers, it is essential to be able to meet customers expectations in terms of inventory accuracy and quick delivery. With the acquisition of NYCE Solutions Visma Retail strengthens its expertise in a growing core issue for the retail sector, says Peter Fischer, Division Director of Visma Retail.

An industry in transition
Consumers of today are becoming increasingly digitalized, with higher demands on availability and speed. It requires a powerful system that manages the complexity when the processes of purchasing in store and online are merging.

- It is necessary to understand the processes that are behind customers' and consumers' tougher requirements. With our expertise in warehouse and inventory management, we solve a major puzzle. In combination with Visma Retail's strength in innovation and long experience of retail systems, we can jointly offer a concept that brings together key issues and resolve challenges that retailers face, says Magnus Nygren, CEO of NYCE Solutions AB.

Passionate about simplifying warehouse management
NYCE Solutions has developed a WMS (Warehouse Management System) which includes functions such as voice picking, warehouse control, cross docking and mobile interfaces. Their customer base is comprised of some of the leading retailers in Sweden, especially e-commerce retailers, but also some of the largest third party logisticians in the Nordic countries. The company is based in Nittorp, Sweden.

- We are particularly happy to continue to hone and develop our business with a strong player like Visma. It is important for us to be part of such an ambitious and growing group, says Magnus Nygren.

Related news

18 April 2019 Cinven agrees final realisation of Visma 29 June 2017 Cinven generates successful partial realisation of Visma 15 March 2017 Visma acquires Davilex 20 December 2016 Visma acquires Cox Consulting Oy and strengthens the role in the Finnish business intelligence market 23 November 2016 Visma acquires the accounting software Dinero 28 October 2016 Q3 2016 Quarterly Report 19 September 2016 Divestiture of the Visma BPO division 27 June 2016 Visma will not prolong the acceptance period and will thus not complete its offer for Fortnox 23 May 2016 Fortnox acceptance period further extended to 28 June 2016 12 May 2016 Visma acquires EasyCruit from Lumesse to strengthen its position within recruitment cloud solutions 26 April 2016 Hungarian franchise chain COOP selects Visma Retail as provider of Retail IT 20 April 2016 Growth in revenue and EBITDA for Visma in the first quarter 15 April 2016 Visma acquires StarSoft Oy, the leading school administration software provider in Finland. 14 March 2016 Visma announces a recommended public cash offer to the shareholders in Fortnox 02 February 2016 Visma acquires Numeron Oy, a leading workforce management software provider in Finland. 26 January 2016 Visma acquires MIND4iT 26 January 2016 Visma with excellent top-line revenue and profit growth 18 January 2016 Visma acquires Trimma 07 December 2015 Visma acquires Abalon 01 December 2015 Visma expands to online booking systems by acquiring DigitalBooker 20 August 2015 Visma acquires Aditro Public AB, a leading HRM and FRM software provider in Sweden 11 May 2015 Visma strengthens Nordic leadership in cloud based ERP 07 May 2015 Visma acquires PBJ, leading HRM software provider in Denmark 17 March 2015 Visma Retail enters the Turkish market 09 March 2015 Visma strengthens its focus on HRM solutions 11 December 2014 Visma acquires two Norwegian companies and strengthens the focus on cloud-based solutions for year-end accounts production 28 November 2014 Visma acquires Creno AS and strengthens the focus on debt collection in Norway 30 October 2014 Cloud services continues to dominate Visma’s growth in Q3 28 April 2014 Cinven to invest in Visma