Prodways Group has signed a major deal. It will sell its Software business. The sale price is €35 million. This is a key step in a larger plan. Prodways aims to divest its entire Systems division. The company announced this strategy in 2025.
Focusing on Core Strengths
The Software business is primarily its subsidiary AvenAo. AvenAo distributes 3D design software. It is a key partner for Dassault Systèmes. AvenAo is a leading distributor. It offers SolidWorks and 3DEXPERIENCE solutions. This business helps industrial companies. It supports their digital transformation. AvenAo also provides services for product design. It covers simulation and production management.
Financial Details Emerge
The sale agreement was finalized recently. The transaction value is €35 million. This amount exceeds Prodways Group’s market capitalization. It offers shareholders a clear valuation. In 2025, AvenAo generated significant figures. It brought in €13.5 million in revenue. Recurring EBITDA was €3.9 million. The deal is subject to certain conditions. Shareholder approval is required. A strategic business partner must also agree.
Shareholder Value and Future Plans
Prodways Group plans to share the proceeds. A substantial portion will go to shareholders. This will be distributed as exceptional dividends. The company will keep some funds. These funds will service debt. They will also ensure business continuity. This divestiture allows Prodways to concentrate. Its focus will shift to its Products division. This division is core to its 3D printing operations. It shows promising development prospects. Management is working to unlock its full potential.
A Strategic Realignment
The Systems division reportedly generates little synergy. This includes software, printers, and materials activities. Prodways believes these units will thrive independently. Their future may be brighter outside the group. The company aims for improved profitability. This move signals a clear strategic realignment. Prodways is refocusing on its specialized 3D printing expertise. It operates across the entire value chain. This includes software, printers, materials, and services. The company serves various industrial sectors. This major business news marks a new chapter. It aims to strengthen its market position. The transaction is expected to close in the coming months. The buyer’s identity remains confidential for now.
