Advania AB acquires Cloudio A/S

Lundgrens is pleased to have acted for Advania AB in connection with its acquisition of Cloudio A/S.

Advania is a Northern European IT service company with roots dating back to 1939.

Advania focuses on helping customers improve their IT infrastructure and being a partner in their digital journey, with innovative use of the best available IT platforms and services. Advania operates in Sweden, Norway, Great Britain, Iceland, Finland and Denmark and has more than 4,000 employees.

“It’s truly exciting to have Thorkil and the Cloudio team joining Advania on our growth journey in Denmark. The acquisition underpins the focus on secure, flexible, and efficient storage and backup solutions in an ever-changing cyber environment. We are pleased to have talented specialists joining our team which ensures that employees can continue to develop and thrive”, says Carsten Weis, CEO of Advania Denmark, in a press release.

Cloudio is a leading IT infrastructure and service company that specializes in backup and storage solutions focusing on the mid to enterprise market in Denmark with cross boarder expansion capabilities in Europe.