2019-03-22

Semantix acquires translation provider Teknotrans

Through the acquisition of Teknotrans AB, Semantix continues its acquisition drive, strengthening its offering in the global market and consolidating its position as the Nordic language technology leader.

- Teknotrans’ business structure and customer base offer us great opportunities to strengthen Semantix’ offering in the global market. They also have a long history of delivering high-quality translations with a strong footprint in the automotive and industrial sector, which makes the acquisition interesting for us. The acquisition further consolidates Semantix’ role as the Nordic leader in language technology and multilingual services, says Patrik Attemark, Group CEO of Semantix.

Teknotrans was founded in 1971 and has offices in Gothenburg, Sweden, and in Split, Croatia. The company is fully owned by CEO, Christian Hammer.

- The acquisition comes at a perfect time for us to give Teknotrans a platform for continued growth, ensuring our customers access to broader and more complete language technology offerings, which is something Semantix will enable, says Christian Hammer, CEO of Teknotrans.

For more information, please contact

Patrik Attemark, CEO and Group President of Semantix, +46 (0)8-506 225 50, patrik.attemark@semantix.se

Semantix is the leading provider of multilingual services in the Nordic region and has provided interpreting, translation and language technology to the public and private sectors for more than 50 years. Semantix has an annual revenue of approximately SEK 1 billion and is ISO 9001:2015 certified. Semantix has around 450 employees and an extensive network of thousands of language specialists all over the world. Semantix is majority-owned by private equity firm Segulah V L.P.