SCHEMA Group Acquires TID Informatik GmbH

May 2, 2019

The SCHEMA Group has increased its stake in TID Informatik GmbH from 27% to 100%, making TID a wholly owned subsidiary. TID, a German developer of the CATALOGcreator software for electronic spare parts catalogs and service information, will continue to operate independently under its existing management while expanding SCHEMA's content lifecycle management product portfolio.

Buyers
SCHEMA Group
Targets
TID Informatik GmbH
Industry
Software
Location
Bavaria, Germany
Transaction Type
Buyout

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