Andreas Karge and Albrecht Lüdemann commented: "We place the fate of the company in the hands of two long-standing allies who are more familiar with WMD Group and its product philosophy than almost anyone else. We are pleased we were able to win PINOVA as an experienced partner for the road ahead. We very much enjoyed working with the GCA Altium team on this deal and were impressed by their ability to attract significant interest for our company which helped us to find the right strategic partner for the Group's next stage of development. We look forward to leveraging PINOVA’s experience and network to further strengthen and expand our market position and technological leadership."
Sascha Pfeiffer, Managing Director at GCA Altium, said: "With its unique combination of proprietary technology, innovation leadership and deep process know-how, WMD Group is at the forefront of digitalization of corporate processes. I have no doubt that the company will be able to capture the significant growth potential from the ongoing transition towards digital business processes internationally and will continue to flourish."