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2020’s Promob Software Solutions Announces Acquisition of Focco Management Solutions

by Ed Johnson
October 14, 2021
A A

Leading software brands for interior design, furniture production and business management join forces to strengthen presence in Latin American furniture industry

2020 subsidiary, Promob Software Solutions, announces the planned acquisition of Focco Management Solutions. The transaction of these two leading furniture industry software developers will provide innovative solutions for their customers and will have an empowering effect for the furniture industry in all of Latin America. As part of this merger, Promob and Focco, are now both part of 2020, a leading provider of applications and enterprise solutions dedicated to interior design, space planning and furniture manufacturing. The combined group will specialize in the development of the world’s most modern technologies for the furniture industry. The transaction is expected to be completed in the fourth quarter of 2021.

The Promob and Focco union represents a very important step in strengthening the product evolution and will provide even more value to the industry. The move also reflects the relevance that management tools integrated with design and production solutions have gained in furniture companies seeking to prepare for the Industry 4.0 proposal—connecting information in real time to allow for more efficient management of the entire production chain. Many customers of both companies that use multiple solutions will benefit of a better integration of technologies and processes.

“The merger of Promob and Focco will bring more consistency to our customers’ businesses in the Latin America market. By combining our product portfolio, technology, and talent, we will continue to boost our strategy to provide innovative solutions to the markets we operate in,” states 2020 CEO Mark Stoever.

Vanderlei Buffon, General Manager at Promob Software Solutions added, “I’m confident the combination of creativity and knowledge of our teams will bring great benefits to our customers. Focco is now part of and strengthens Promob’s management strategy. ERP and store management products were already part of this portfolio, and now they will become even more complete with the union of the solutions and teams from both brands. I am excited to welcome Focco to the Promob and 2020 family.”

“Focco has always been a visionary, we are very proud of everything that we accomplished so far and are thrilled to now be part of a global company. We’ve worked hard to develop technologies that bring value to the market and we will continue with this purpose along with our new team,” states Evandro Ballico, CEO Focco Management Solutions.

Tags: < Invest | M&A
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