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UNIT4 BAILS ON BENELUX Featured

Unit4 has sold its Benelux software business to Netherlands-based Exact. No terms were disclosed for the sale of Unit4 Bedrijfssoftware.

Unit4 Bedrijfssoftware was created last year via the merger of five lines of Unit4 business. Unit4 CEO Mike Ettling said interestingly,” Our strategy, communicated in 2018, to integrate the SME and accountancy activities in the Benelux into Unit4 Bedrijfssoftware has proven to be very successful. Unit4 Bedrijfssoftware has grown rapidly and has regained its position in the Benelux market.” I suppose it would have been sold one way or another but the best way was fixing the unit.

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