Acquisition of FIT – Syntax strengthens its global presence and expands addressable markets with the acquisition of Freudenberg IT (FIT), an SAP service provider

The Montreal-based company enters the SAP application market and brings its broad ERP expertise to European and Asian markets.

MONTRÉAL, Jan. 22, 2019 /PRNewswire/ – Syntax Systems (Syntax), a leading provider of cloud managed ERP services, announced its agreement to acquire German IT services company Freudenberg IT (FIT). With more than 850 SAP professionals, FIT manages SAP applications in the Cloud for Enterprise customers in Europe, America and Asia. This strategic acquisition enables both companies to combine their specific strengths and serve new markets with a growing portfolio.