AFRY, one of Europe’s leading engineering and consulting companies, has signed an acquisition agreement with Cubiq and Cubiq will join AFRY’s Management Consulting business on September 1, 2021.
MERGING PROVIDES SIGNIFICANT OPPORTUNITIES FOR THE DEVELOPMENT OF NEW DIGITAL SOLUTIONS
AFRY is Europe’s leading design and consulting company, which supports its clients in promoting digitalisation and sustainable development solutions, e.g. energy, infrastructure and industrial sectors around the world. With the acquisition, Cubiq will strengthen AFRY´s digital solution offering and enable AFRY´s digital consulting services to grow significantly in various businesses and sectors.
AFRY’s Management Consulting business has a lot of unique industry and market expertise as well as know-how, the harnessing of which to digital solutions brings a significant competitive advantage in the international market. The cooperation will make it possible to better meet the growing demand for data and analytics consulting in projects related to streamlining and improving operations in several industries.
In a rapidly changing business environment companies need to make data-driven and timely decisions on future direction, improve efficiencies and adapt to market changes. This requires advanced and unique business intelligence that combines business analytics, data mining and visualization, data tools and infrastructure based on best practices. With the acquisition of Cubiq Analytics, we are excited to strengthen our digital consulting offering and enable our clients world-wide to benefit from the unique data and analytics competences and skills of Cubiq Analytics in advancing their business.
– Roland Lorenz, Executive Vice President, AFRY Management Consulting
We are excited to join AFRY’s international team. There is huge potential in AFRY and Cubiq Analytics’ joint global offering in digital solutions where data and analytics play a key role. AFRY has been our important partner for a long time and this transaction is a result of successful strategic cooperation. It will open up new opportunities to scale our business to a completely new level, and as part of AFRY we can further enhance our services to clients.
– Jussi Huttunen, Chairman of the Board, Cubiq Analytics
Cubiq Analytics will join AFRY and become part of AFRY reporting on September 1, 2021
FOR MORE INFORMATION:
Chairman of the Board, Cubiq Analytics
Tel. +358 50 3559842
Vice President, AFRY Management Consulting
Tel. +358 40 5336658
AFRY is a European leader in engineering, design, and advisory services, with a global reach. AFRY was born in 2019, when the Swedish ÅF and the Finnish Pöyry joined forces after ÅF bought Pöyry.
AFRY employs 16,000 devoted experts in infrastructure, industry, energy and digitalisation, creating sustainable solutions for generations to come.