

Syntax announced the agreement to acquire the German IT service provider Freudenberg IT (FIT). FIT supports corporate customers mainly in the SAP environment with suitable IT services in Europe, America as well as in Asia.
The strategic acquisition enables both companies to combine their respective strengths and serve new markets with an expanded portfolio. With the acquisition, Syntax expands its SAP service offering and becomes a multi-ERP and multi-cloud provider.
The company will then offer its customers around the globe flexible end-to-end solutions from the Oracle and SAP worlds. FIT can thus accelerate its growth.