Trimble Acquires Savcor Oy and Silvadata to Expand its Global Reach and SaaS Solutions for the Forest Industry
Trimble (NASDAQ: TRMB) announced today that it has acquired the forestry business of Savcor Oy, a global supplier of forestry solutions for performance optimization and enterprise management. Trimble has also acquired Silvadata, a provider of cloud-based data, collaboration and workflow automation services to small- and medium-sized forestry companies. The acquisitions expand Trimble's global reach and complement Trimble's Connected Forest solutions. Financial terms were not disclosed.
Trimble's Connected Forest solutions manage the full raw materials lifecycle of planning, planting, growing, harvesting, transporting and processing. The solutions improve decision making at every step—from forest to mill and from land acquisition to product delivery—by combining industry-specialized software and state-of-the-art hardware into solutions for land, forest and fiber management. With the addition of Savcor and Silvadata to the Connected Forest portfolio, Trimble now offers the most comprehensive supply chain solutions available to the forest industry today.
"The Savcor and Silvadata acquisitions build upon our strategy to provide global customers with a complete end-to-end ecosystem for forest management, traceability and timber processing," said Ken Moen, general manager of Trimble's Forestry Division. "Our fundamental focus is to provide integrated solutions that drive agility, improve efficiency and provide better visibility at each stage of the forest lifecycle."
Headquartered in Finland with offices in Brazil and Germany, the Savcor forestry business provides information and online diagnostic solutions for forestry processing and production planning.
Complementing Trimble's Connected Forest solutions, Savcor's Zenith software manages forestry information for land acquisition planning and assessment, silviculture, harvesting and logistics to receiving timber at the mill. Savcor's Wedge™ software provides online process diagnostics by integrating and analyzing data from a variety of mill system sources to identify production bottlenecks and streamline mill operations.
"Savcor's Latin America and European presence, coupled with Trimble's worldwide expertise and broad portfolio, offers forestry customers a global solution that addresses the challenges of automation across the enterprise," said Jukka Rautiainen, CEO Savcor Oy. "We are excited to be part of this opportunity and look forward to contributing to the delivery of a comprehensive, digital solution that brings value to the industry."
Finland-based Silvadata is a provider of cloud-based data, collaboration and workflow automation services to small- and medium-sized forestry companies for lifecycle enterprise management.
Silvadata's SilvaPro is a Software-as-a-Service (SaaS) for partner collaboration used by forestry management associations, forest owner unions, private forestry owners and professionals for forestry lifecycle management functions. SilvaPro is specifically designed to address forest management, planning, wood procurement, work site planning and execution.
"Silvadata has created a cloud-based network for collaboration among participants in the forest industry. The solution facilitates a simple approach to data management and workflow efficiency for its users," said Jani Kaskinen, CEO Silvadata. "We look forward to working with Trimble to continue to grow the business and expand Trimble's Connected Forest offerings."