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In a new phase of its expansion strategy, Senior announced Friday the acquisition of another company. It was this time Mega Sistemas, one of the oldest developers of business management software in Brazil, founded in 1985 in Itu (SP) and owning units in Curitiba, Natal, Recife and Rio de Janeiro.
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The value of the transaction has not been revealed, but the acquisition was the largest ever made by blumenauense company – have 12 years throughout its history. Mega has about 400 employees and is expected to close 2018 for a $ 55 million business figure. Senior approves 320 million R $.
With the merger, Senior absorbs Mega products and strengthens its presence in the agri-food solutions market. More importantly, he enters the civil construction, an area that was not previously covered by his portfolio.
The president of the company, Carlênio Castelo Branco, quotes two other reasons which aroused the interest for the activity: the consolidation of the activity ERP (software of management of company) and the expansion of capillarity of the company, because Mega carries out important activities Regions of the Southeast and Northeast.
Senior's appetite for growth however does not stop there. Carlênio confirms that there are other ongoing negotiations and that new acquisitions are expected to be announced in 2019. The acquisition of companies capable of cumulating market opportunities is one of the pillars Fundamental planning of the company, which wishes to achieve a turnover of 1 billion R $. in five years
The advent of Mega also changes the level of this strategy. If, in recent history, acquisitions have focused on smaller companies, the next ones will target more robust operations.
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