Engineering USA acquires Movilitas for Industries eXcellence Global
Engineering USA, the North American subsidiary of the Engineering Group, has completed the acquisition of Movilitas, a strategic expansion intended to strengthen the capabilities and unique market position of the organization’s Industries eXcellence Global division, which specializes in the design, integration and delivery of holistic technology solutions covering the end-to-end lifecycle of industrial products and processes.
Movilitas will complete the company’s vision for Industry 4.0 and reinforce its competences in product tracking and tracing, digital twin, asset performance management and warehouse management, the two note. The acquisition also provides a powerful response to the increasingly disruptive crises wreaking havoc across the global supply chain, creating a hub of digital expertise that companies can leverage to ensure flexible processes, smart operations and business continuity across their manufacturing and supply value chains.
Maximo Ibarra, CEO of Engineering Group, commented, “The deal reflects Engineering’s international acquisition strategy which, alongside the organic growth guaranteed by its deep cross-cutting skills, enhances the best market excellences by integrating them into its own offering. This allows us to remain at the forefront of the market while operating in a sector where evolution is extremely rapid, generating exponential value both for the companies acquired and for our clients, who are thus guaranteed maximum efficiency and speed of execution of their digital transformative strategies.”
“This acquisition marks a key milestone in the realization of the Engineering Group’s strategic vision for Industries eXcellence Global—to build the world’s leading organization focused on the digital advancement of the industrial sector, incubating a global team of the most knowledgeable specialists in the world, and capable of delivering end-to-end solutions across the lifecycle of our clients’ products and processes. We are incredibly excited to welcome such a talented team of innovators to our digital transformation journey. Together, we will make the future of industry possible,” said Ettore Soldi, president of Engineering USA and head of industries eXcellence Global.
Ross Young, CEO of Movilitas, added, ”At Movilitas, we’re focused on helping companies become intelligent enterprises with smart supply chain ecosystems. We’ll continue to serve as trusted advisors and industry experts to exceed our customers’ needs for digital supply chain transformation. Joining Engineering USA as part of their Industries eXcellence Global division enables us to deliver a differentiated value proposition through the newly combined services and solutions to power a safer and smarter future in a global connected economy.“