Knipex acquires majority in Osnabrück-based IT company LMIS AG

Wuppertal-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. The collaboration will enable Knipex 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.
Knipex CEO Ralf Putsch mentioned “We see good opportunities in all corporate areas to become better and more efficient through the extended use of information technology. With an experienced and competent partner we now have considerably more chance of recognizing and enhancing this potential. The participation in LMIS fits our strategy of having important technologies in the Group and managing them ourselves”.