Morris Law has assisted the sellers of Emineo AB, the leading provider of Oracle databases in Sweden, in the sale to IT Relation Holding A/S.
Emineo was founded in 2005 and is Sweden’s leading provider of Oracle databases with deep competencies within database administration, physical and logical database design, installation and operation. The company is located in Stockholm and has 22 employees of which 17 are dedicated database experts focusing on Oracle and MySQL.
The IT Relation group is a leading Danish provider of IT outsourcing services to the private and public sector. The IT Relation group is today represented in 12 locations in Denmark and Sweden. The group currently has 750 employees.
Ove G Jonsson, one of the founders and CEO of Emineo, comments on the acquisition on Emineo’s website:
“We look forward to further developing Emineo in close collaboration with our new colleagues in Miracle42 and the IT Relation group, which share our perspective on the good growth opportunities in our mutual market in both Denmark and Sweden. We get access to a strong organisation and financial muscles enabling us to maintain our deep expertise and simultaneously expand the business into adjacent areas where it makes really good sense for our customers.”
Morris Law's project group has mainly consisted of Carl Friberg, Per Nylander, Robert Starck and Isabelle Ekman.