# Gofore acquires Creanex Ltd for EUR 5 million

Gofore has acquired the entire share capital of Creanex Ltd, a simulator developer and supplier for the work machinery industry, for an enterprise value of EUR 5.0 million. The acquisition was completed on 3 July 2023.

- Type: Acquisition
- Announced: 2023-07-03
- Where: Finland
- Value: $5.50M (5.00M EUR)
- Status: completed
- Products: simulators, simulator software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Gofore Oyj](https://endata.com/companies/67184.md) (acquirer)
- [Creanex Ltd](https://endata.com/companies/71201.md) (target)

## Sources

- [nordicir.com](https://nordicir.com/company_announcement/inside-information-gofore-buys-entire-share-capital-of-creanex-ltd-simulator-developer-and-supplier-for-work-machinery-industry-enterprise-value-5-0-meur-directed-share-issue-as-part-of-p/), 2023-07-03: "Gofore buys the entire share capital of simulator manufacturer Creanex Ltd for enterprise value of 5.0 million euros."
- [arvopaperi.fi](https://www.arvopaperi.fi/porssitiedotteet/a/d073259d-6404-5c30-95cf-6dc0e65f5bac), 2023-07-03: "Creanex's expertise and solutions excellently complement Gofore's offering for intelligent machines' digitalized lifecycle."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.