EG acquires CalWin A/S

Denmark M&A 02 October 2019
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EG, a Herning, Denmark-based software company, announced that it has acquired the Danish IT company CalWin A/S, which provides software and service for the installation industry.

Financial details of the deal have not been disclosed. Until the end of the year Carsten Rasmussen will continue as CEO of CalWin and afterwards as manager of the Construction unit in EG. Both the employees and the current management of CalWin A/S will transfer over to EG.

CalWin, founded by Carsten Rasmussen, develops industry-oriented software for the installation industry, especially sanitation and electrical installers, engineering contractors and wholesalers. The company was founded in 1996, has 20 employees and is located in Odense.

EG is a Scandinavian software company with more than 1,000 employees working from 15 skill centres in Scandinavia and Poland.