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HomePress ReleaseThe Acolad Group acquires Livewords

The Acolad Group acquires Livewords


Acolad acquires Livewords

Amstelveen, 4 July 2019 - The Acolad Group – the number one professional translation provider in Europe – is announcing a new acquisition today, which will reinforce the Group’s presence in the Dutch region. This acquisition reflects Acolad’s pursuit of their 2012 development strategy, with the goal of becoming one of the top five translation agencies worldwide by 2020.  

  Major challenges at the heart of the takeover: technology, diversification and local strengthening
After a major rebranding which affected 9 of the group's 12 brands last January, Acolad (formerly Technicis) is pursuing its leadership objectives with the acquisition of Livewords. Thanks to this ninth acquisition, the group has passed the symbolic threshold of 1,000 employees and forecasts a turnover of more than 160 million euros for the year 2019.   In addition to its leading position in the strategic market of the Netherlands, Livewords brings to the Acolad group an advanced expertise in interpreting, with 45% of its activity dedicated to this service.

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