Sale

Investment details

  • Profit-making company (10 FTE) with leading position on Belgian Translation market.

  • Reason for sale: Non-core activities within current group

  • Global translation market is expected to grow 5% in next 5y (EU is 49% of market)

  • Google, Deepl & Amazon web released free and (open source) neural frameworks that promote Neural Machine Translation (NMT) use. Domain Specialisation & Transcreation become crucial

Amount undisclosed
Structuring
Sector: Translation Services