The Argility Technology Group (ATG) has announced an exciting business development as it becomes part of global enterprise – the Smollan Group – an intelligent commerce solutions business, driving sustainable growth and operational excellence. Smollan has acquired ATG from Capital Eye Investments – a private equity and venture capital company that invests in technology driven businesses with a particular focus on emerging markets.
James Collett, Chief Data Officer, Smollan, said: “ATG joining the Smollan Group is a significant step forward in our strategy to expand our technology and data offering within retail and supply chain. We are extremely excited about the synergies which exist between the businesses, and as a leading global commerce solution company, we will be looking to grow the ATG footprint internationally. An aligned and strong culture is always foundational to creating a successful partnership, and in ATG and its people, we believe that we have found just that. We look forward to welcoming ATG into the Smollan family.”
Marko Salic, CEO, ATG, said: “ATG is immensely excited about this new phase in the history of the group. Over the past five years, we have made notable strategic investments in the acquisition of companies that have served to augment our goal of partnering with retail and supply chain organisations to help them digitise and transition into industry 4.0.”