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BUILD A BETTER WORLD
[ IMPORTANT ANNOUNCEMENT ]
ARKANCE acquires VinZero to deliver an unparalleled global service platform to the Construction and Manufacturing sectors
[ MEDIA RELEASE ]
ARKANCE, a subsidiary of Monnoyeur, acquires VinZero and becomes a global leader
Paris, June 1, 2023. Monnoyeur, the French B2B Services Group for the construction and agriculture industry, has acquired the international company VinZero through its subsidiary ARKANCE, which specializes in digitalization and digital transformation for the construction and industrial sectors.
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A global presence
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This major acquisition will result in ARKANCE more than doubling its revenue. The latter, which amounted to 220 million euros in 2022, will thus exceed the 500 million euro mark on a full year basis. This investment will enable ARKANCE, which until now has been present mainly in Europe, to expand its global reach. Since its creation in 2011, ARKANCE has become a leading European player spanning 14 countries with 800 employees spread across 30 offices. VinZero has 550 employees and is present in the United States, Australia, New Zealand, India and the United Kingdom spread across 32 offices under its subsidiary brands A2K Technologies, Cadline, Capricot Technologies and U.S. CAD. In total, the new entity will cover more than 18 countries supported by more than 60 local offices.
"We are very pleased to welcome VinZero to our group. In a few years, ARKANCE has become a leader in many European countries. With this new acquisition, we will benefit from global reach and increased expertise, and gain the ability to help our traditional clients in their digital transition, while keeping our roots to offer international coverage with local strength", says PhilippeMonnoyeur, CEO of the Monnoyeur Group and long aware of the major impact of digitization on his clients.
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An expanded and enriched service offering, closer to customers' needs
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Both ARKANCE and VinZero have capitalized for many years on the distribution of solutions from strategic, leading and innovative technology partners. The new entity has become the world's leading distributor of Autodesk, the giant publisher of specialized software for design and manufacturing (e.g., AutoCAD software), particularly for the construction and engineering industries.
ARKANCE acquires VinZero to deliver an unparalleled global service platform to the Construction and Manufacturing sectors
TECHNOLOGY
PEOPLE
PROCESSES
To best support digitalization in the design and construction of architectural, industrial and infrastructure projects and to deliver complete solutions, the group will also be able to draw on an expanded network of skills to develop software in-house.
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"ARKANCE now has the critical mass to develop sophisticated solutions, and the enhanced ability to deliver them and capture the growth of digitalization trends. Our ambition is to be the trusted partner in our customers' digital transformation by enabling them to balance results and profitability. We rely on an international team of industry experts who understand the challenges of an ever-changing digital environment," says Grégoire Arranz, ARKANCE CEO.
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A positive impact on the environment
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While the construction sector is a major emitter of CO2 (30% of greenhouse gas emissions are linked to construction), the new entity is positioned as a key player in supporting its customers in a decarbonization strategy. In fact, digitalization has a major role to play in reducing these emissions. As a result of this acquisition, VinZero, which places sustainability at the heart of its DNA, delivers an additional level of expertise and leadership to the group to deploy solutions to improve the design, construction and manufacturing of sustainable projects.
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"VinZero's continued growth in digital transformation, with a focus on carbon reduction and- sustainability, aligns perfectly with the Monnoyeur and ARKANCE vision. With an incredible business history spanning over 100 years and a very people-centric culture, this is the perfect home for
VinZero. We are very excited about the additional potential that the scale of Monnoyeur and ARKANCE will bring to our people, our customers, and our partners in the years to come", concluded Paul Laycock, VinZero Group CEO.
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VinZero
With offices across USA, UK, EMEA, ANZ and India, VinZero inspire the Architectural, Engineering, Construction and Manufacturing industries to design, build and solve more effectively using data insights. Providing software solutions and professional services globally, VinZero helps organizations achieve both profitability and purpose. VinZero’s dedicated industry experts provide modular or full end to end consulting to drive best in class project, product utilization and workflow collaboration outcomes. VinZero’s solution discovery process applies a ‘Think Future’ methodology to digitalization and central data environments, enabling customers to integrate seamlessly, onboard easily, and maintain project momentum and profitability as they do so. VinZero believes data is the new currency for achieving net zero and is committed to helping industry reduce waste, improve efficiency, and deliver sustainable building, and design practices through data insights to build a better world.
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