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Vitec acquires ZMartek Oy for software expansion

PRIVATEOct 02, 2026

Acquiring Company

Vitec Software Group AB Class B

Acquired Company

ZMartek Oy

SwedenTampereSoftwareEnergySoftwareRenewable Energy

Description

On October 2, Vitec Software Group acquired all shares in ZMartek Oy, strengthening its Vertical Market Software position. ZMartek, a Finnish software company, specializes in enterprise resource planning for the recycling industry. This acquisition is expected to enhance Vitec's existing business unit while contributing to sustainable practices. Following the transaction, ZMartek will integrate into the Vitec Tietomitta business unit.

Company Information

Company

Vitec Software Group AB Class B

Location

Sweden

About

Vitec Software Group is a leading provider of Vertical Software, focusing on niche markets. The company is known for its commitment to continuous improvement and innovation through strategic acquisitions. Vitec is listed on Nasdaq Stockholm and has a strong market presence. They reported net sales of SEK 3,334 million in 2024.

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Frequently asked

Who acquired ZMartek Oy?

ZMartek Oy was acquired by Vitec Software Group AB Class B, based in Sweden. The deal was reported on October 2, 2026. Vitec Software Group is a leading provider of Vertical Software, focusing on niche markets. The company is known for its commitment to continuous improvement and innovation through strategic acquisitions. Vitec Software Group AB Class B is privately held and operates in Software.

When did Vitec Software Group AB Class B acquire ZMartek Oy?

Vitec Software Group AB Class B's acquisition of ZMartek Oy was reported on October 2, 2026. On October 2, Vitec Software Group acquired all shares in ZMartek Oy, strengthening its Vertical Market Software position. ZMartek, a Finnish software company, specializes in enterprise resource planning for the recycling industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ZMartek Oy do?

ZMartek Oy is a software company specializing in enterprise resource planning for the recycling industry. Founded in 2016, the company delivers solutions that optimize operations in waste-to-energy and landfill processes. It is privately held, operating in Energy, and is based in Tampere.

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