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Further internationalisation of SHD through acquisition of Italian software provider Tesy
In March 2020 SHD AG has acquired a majority stake in the Italian process planning software provider Tesy Software S.r.l. With this acquisition, SHD, based in Andernach, Germany, strengthens its position as one of the leading European providers of IT solutions and services for the furniture and kitchen industries and further expands its geographic presence in the European market.