4Front buys Siemens French maintenance unit

Moves into top three

4Front Technologies has moved into third place in the French maintenance market with the acquisition of Siemens subsidiary I-NEA. The company is paying $4.1 million for I-NEA, a $40 million t/o operation, and has secured a “regional alliance” with Siemens to ensure an orderly transfer of clients, as well as new customer referrals.. Following the acquisition, UK-headquartered 4Front will have 375 employees in France. ®

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