Stokesley software company bought by French group

Stokesley-based enterprise software company, Opentree, has been acquired by international engineering and construction software group Graitec.

Opentree provides electronic document management software developer for all forms of office documents and CAD drawings, serving multinational clients such as Tata Steel and Siemens. As well as its Stokesley headquarters, the business has a development office in Sheffield.

Opentree managing director Andrew Frank said: “By joining Opentree and Graitec, our customers will further benefit from being owned by a company with a long history in design and collaboration, which has the skills and expertise to push Opentree even further into the market of work in progress management.”

Francis Guillemard, Graitec president, added: “With Graitec’s recent acquisitions, coupled to the fact that we are an extremely large Autodesk partner, and a software developer in the BIM area, our solutions in the BIM arena provide many hundreds of thousands of models, documents and ancillary information.

“This acquisition will be pivotal in helping our customers with the day to day management of their project documentation from initial conception and tender, through to project delivery.”