Acorn Technology has sold a majority share to global IT company Embron Group

Gothenburg – CFI is pleased to announce that it acted as financial advisor to Acorn Technology in regards to its sale of a majority share to Embron Group.

Acorn Technology is a software development consulting company that dares to challenge prevailing industry norms and think differently. At Acorn, a culture is cultivated where talented individuals can grow. Where development, both from a personal and software perspective, is given the highest priority. As a complete and experienced partner, Acorn develops and integrates advanced systems and applications for leading product and service producing companies in a range of different industries.

Embron Group is a global IT and technology corporation focused on industrial technology solutions and services. With its 17 offices in 9 countries, the Embron companies serve leading companies in a wide range of industries. The group is divided into the three business areas Manufacturing Services, Technology Solutions and R&D Services.

With this acquisition, Embron Group strengthens its position in Sweden and Gothenburg. Acorn becomes a sister company to the group’s technology company – Qrtech. Together, Qrtech and Acorn will make up one of Gothenburg’s strongest offers of advanced consulting and project services in software- and electronics development.

This transaction closed 17 August 2022.