Knipex acquires majority in Osnabrück-based IT company LMIS AG

Wuppertal, Germany-based pliers manufacturer Knipex has acquired the majority of shares in LMIS AG, an IT company with a workforce of 80 and headquarters in Osnabrück. Knipex will therefore be able to tap into the long standing IT expertise of the new subsidiary in future to advance the digital transformation of the corporate group. In return, the IT service provider is given a first-hand in-depth insight into the processes of an industrial company and can strengthen its competence and competitiveness in this way.

Since 2000, the IT company LMIS AG from Osnabrück has offered customers particularly from the energy, telecommunications and healthcare sectors services for the complete life cycle of individual IT solutions: from IT consulting through planning, realisation / software development, testing and quality assurance to operations (application management) and business optimisation (application performance management and monitoring). The range of services is complemented by a training product entitled LMISacademy. Further locations in Mecklenburg-Vorpommern and Berlin ensure additional customer proximity.

LMIS is planning to open its next branch in Wuppertal, where Knipex has 1,100 employees at the Wuppertal-Cronenberg plant.