FS Dynamics acquires a majority stake in blueCAPE
FS Dynamics, UPTEC's incubated company, acquires a majority stake in Portuguese CFD consultant blueCAPE. The purchase strengthens FS Dynamics' position as a leading player on the European consultancy market for CFD, and it opens additional possibilities to serve our client base with cost-efficient high quality deliveries.
Since 2004, blueCAPE has been the leading actor in the Portuguese CFD consultancy market. Over the years blueCAPE has acquired a reputation as a cost-efficient provider of high quality consultancy services with a Europe-wide client base. The company serves a wide range of industries but especially from the energy, automotive, domestic appliances and public utilities sectors. In addition to the consultancy work, blueCAPE also provides the blueCFD range of products based on OpenFOAM technology.
Since it was founded 13 years ago, FS Dynamics has rapidly grown to become the leading supplier of CAE services in Europe, focusing on the application of CFD and FEM technology to solve a wide range of technically-challenging industrial engineering problems. FS Dynamics has nine offices in six European countries and it serves a wide range of industries, most notably the automotive, nuclear, aerospace, wind power, marine and offshore industries.
"We are very pleased with the acquisition of blueCAPE as we strongly believe that merging the competence and capabilities of blueCAPE with those of FS Dynamics will provide exciting possibilities for new and existing clients as well as for the staff of both companies." says Carl Fredrik Stein, Director of FS Dynamics.
"Everyone in blueCAPE is delighted with the prospect of joining forces with the reputable team of FS Dynamics. Part of a stronger company group, we believe our core competencies will be fostered while safeguarding our existing clients for the challenges ahead in CAE.“ adds Nelson Marques, blueCAPE’s founder.
The acquisition is effective as of February 1, 2017.
About blueCAPE: blueCAPE, a privately held consultancy company, was founded in 2004 to cater for home market needs in CAE analysis. Since 2009 it has sought and raised clients world-wide with a view to strengthen its business model, leading to a small but committed team of 6 engineers that renders high level services to word-wide clients.
About FS Dynamics: FS Dynamics, a privately held CAE-consultancy, has developed through the last decade to become the leading service supplier in Scandinavia with a complete focus on CAE-analyses. Recently, FS Dynamics has expanded its presence to the UK and Portugal. Today 180 engineers collaborate to apply fluid dynamics and structural engineering with the sole purpose of developing competitive products and create market value for more than 300 customers world-wide.