This acquisition is a further step in the realisation of CLS’s international growth strategy.
Zurich, CLS Communication AG ("CLS") has acquired Scandinavian Translators A/S in
Scandinavian Translators was established in 1977 and is managed by four founding partners. The company is a very profitable provider of quality translations, active in a broad range of sectors with a loyal client base. This move will strengthen CLS’s position in the Danish market and provide the company with a good platform for further expansion in the Nordic region. With its similar business model and complementary client base Scandinavian Translators is an ideal match for CLS. The acquisition also brings additional advantages in the areas of client service, market presence and extended service offering. The partners of Scandinavian Translators have expressed the desire to retire from the company after an initial transition period, while the employees will be integrated into CLS. CLS has many years of experience in the integration of language services departments, including a successful integration project in the Danish market.
Scandinavian Translators partner, Kirsten Carsten Nielsen, commented: "This transaction is the best solution for our company and our clients. We have found a strong partner in CLS and one with the same philosophy as our own."
Steen Magnussen, Country Manager of CLS Communication A/S in
Doris Albisser, CEO of CLS: "Scandinavian Translators A/S is a very good fit with CLS. This acquisition is a further step in the realisation of our international growth strategy and the development of our activities in the Scandinavian market."
About CLS Communication AG
CLS Communication AG (www.cls-communication.com) is an international provider of multilingual communication and technology services, with a primary focus on the fields of finance, insurance, telecommunications, life science and legal. Headquartered in
About Scandinavian Translators A/S
Scandinavian Translators A/S (www.scandinaviantranslators.com), founded in 1977, is one of
For further information, please contact:
CLS Communication AG
Doris Albisser, CEO
Tel. + 41 44 206 68 50
CLS Communication A/S
Tel. + 45 33 48 22 50
Distributed on behalf of CLS Communication AG by NeonDrum (http://www.neondrum.com)
Tel: +44 7747 017654