“This merger is extremely strategically significant for us. Our excellent strength in enterprise resource management and financial management services will be joined by significant, additional solutions in the retail trade. For example, the Aldata 1-2-1 Retail package, and the expansion of Microsoft Dynamics AX skills support our strategic goals brilliantly. As a result of the transaction, our SaaS-based business operations will increase, therefore enabling new areas of growth. In the future, our range of services will cover the entire supply chain from acquisition and ERP to store and customer loyalty systems”, says Repe Harmanen, CEO of Solteq Plc.

“The divestment of our Finnish subsidiary to Solteq makes great sense for both our companies, our employees and most importantly for our customers in Finland and the Baltics”, says Roy Simrell, President and CEO of Aldata.

Solteq Oyj offers operational and financial control services to commercial, logistics, industrial and public administration actors. The company complements its core offering with solutions for specialized retail management, maintenance and servicing management, as well as solutions for quality improvement and the management of systems in which master data is contained. With the help of Solteq’s solutions developed using technology from the world’s leading companies, the clients of the company guide their businesses more efficiently and improve their profitability. The company turnover amounted to MEUR 27,1 in 2011. Solteq employs 220 persons.

Aldata Solution Finland offers software and related services to the retail industry. Its range of software is comprised of the company’s own software, whose product development is in Finland, and mediation products. Aldata Solution Finland serves both grocery and specalist retail. The main areas of operation in specialist retail are hardware stores, household appliance stores, sport and clothing stores, design stores and other stores selling specialist products. Aldata Solution Finland’s main operations divide into Store software and Supply chain management software. The store systems offered by the company cover POS operations and back office management operations, such as goods traffic. Store systems are in use in both grocery and specialist retail. The management of the order and supply chain is a question of taking care of the entire logistics chain of a grocery store and includes purchasing, storage management and the optimisation of supply replenishment in storage.

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