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Lutech Group announces the acquisition of Advantage and consolidates its presence in Manufacturing
The Italian company is specialized in digital transformation projects in the manufacturing sector which aim to accelerate clients’ Business Integration processes
During the Lutech Next Generation Manufacturing launch event, Lutech Group announced the acquisition of 100% of the shareholding in Advantage, a company specialized in digital transformation projects in the manufacturing sector which aim to accelerate clients’ Business Integration processes, accompanying them every step of the way in their innovation pathways.
Advantage offers itself as a partner of excellence in the manufacturing industry, in particular in Industry 4.0, now Transition 4.0 projects: from Product Lifecycle Management (PLM) and Configuration Management to Augmented Reality and IoT. The common goal of these activities is to optimize operations and time-to-market, increasing the quality of products and services as a consequence.
“Advantage becoming part of Lutech Group,” confirms Tullio Pirovano, Lutech Group CEO, “is the first in a series of steps agreed with Apax partners, our main shareholder, which will allow us to consolidate our positioning in the Manufacturing sector, a strategic area where Lutech already has a strong presence and is currently among the main players in digitization projects for the economic recovery provided for by PNRR. This acquisition helps fill out Lutech Group’s offering, guaranteeing the best to Italian Manufacturing companies in the development of IT projects for complete product lifecycle management.”
In over 20 years of activity, Advantage has gained a leading role among systems integrators, in particular in the automotive, aerospace, medical device & life science, industrial equipment and machine building fields, numbering some of the top Italian companies among its references.
Advantage’s projects are developed around a single goal: optimizing clients’ business processes thanks to technology and through an innovative approach and end-to-end development, from planning to support.
In particular, Advantage is a major partner of reference for PTC, a leader in services and solutions for the manufacturing industry.
“This financial operation, which our management particularly pushed for, is formal recognition of undisputed leadership amongst the IT partners offering their services to the Italian manufacturing sector,” declared Manfredo D’Alessandro Caprice, CEO of Advantage. “Joining Lutech Group will allow Advantage to make another qualitative leap in terms of expertise and references, as well as being able to count on new resources and infrastructure to allow us to expand our offering with new services”.
Advantage’s personnel will immediately start working with the team from CDM Tecnoconsulting, a company which is already part of Lutech Group, to create integrated and personalized solutions for companies in the Italian manufacturing sector, guaranteeing decision-making, planning and processing speed for corporate IT systems.
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