RIB acquires 100% of the shares in CCS UK via its 70% subsidiary CCS South Africa

August 7, 2019 - Corporate News

Johannesburg, South Africa, 07 August 2019. RIB Software SE, the world’s leading provider of iTWO 4.0 Cloud Enterprise Platform Technology for the construction and real estate industries, today announced the successful signing of the 100% acquisition of CCS UK. The acquisition was carried out by CCS South Africa (CCS SA), a 70% subsidiary of RIB Software SE.

CCS UK is the exclusive distributor of CCS SA’s construction management software Candy in the United Kingdom and Ireland. CCS SA is seeking to grow its market share in the United Kingdom and Ireland by investing in CCS UK and introducing CCS SA’s BuildSmart software to the market to ensure growth as well as continuity for CCS’s existing clients.

“With our partner CCS UK, we have already achieved an excellent market position in UK with almost 80 clients, including some of the biggest construction companies. With the investment we have now made, we see an excellent opportunity to introduce Buildsmart to the UK market on the one side and to broaden the use of Candy on the other side, which is already extensively used in the UK. Our unique complete enterprise solution offers a significant opportunity for CCS to grow in one of the largest construction markets in Europe”, says Andrew Skudder, CEO of CCS.

 

About CCS

Since 1982, CCS has provided specialised software solutions to the construction & engineering industry. It today serves more than 40,000 Users in over 50 countries, including many of the world’s largest construction & engineering companies. CCS adds value to every stage of the project lifecycle in delivery of the built environment. We do this from the first estimate to the final account, though our estimating, project control, cost and enterprise management software suite of Candy and BuildSmart. These two products work seamlessly together providing a unique complete cost and enterprise management solution to the construction and engineering industry. www.ccssa.com

About RIB

RIB Software SE is an innovator in construction business. The company creates, develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. Its flagship product iTWO 4.0 is the world’s first 5D BIM enterprise cloud solution for construction companies, industrial companies, developers and project owners, etc. Since its inception in 1961, RIB Software SE has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With more than 900 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.

© 2019 RIB Software SE