- By this acquisition, EY strengthens its position in the booming market for SAP services and expands its expertise in the area of digital transformation.
EY Belgium announced on October 22 2018 the acquisition of Krios Solutions, a Belgian company specializing in SAP advice and implementation. The 25 professionals from Krios Solutions will join EY Advisory’s SAP practice, thus gaining opportunities for continued international growth within the EY organization.
Krios Solutions, with its headquarters in Grimbergen, is a consultancy company specializing in SAP advice and implementation for the automation and optimization of financial processes. Under the leadership of founders Johan Lenders and Nathalie Gea Recio – who will respectively become a partner and director at EY – Krios Solutions has built up a strong, customer-oriented track record over the years, with a high level of expertise in all sectors. This new acquisition by EY underlines the strategy and ambition of targeted investment in specific niche areas that have immediate added value for the client.
Combining expertise with in-depth sector knowledge
“This acquisition means that we can continue to meet the growing demand from our clients in this specific niche area. The addition of Krios Solutions to the EY family enriches EY and marks a logical step in EY’s strategy to become the market leader in Belgium in the area of digital transformation”, commented Patrick Rottiers, CEO of EY Belgium.
“We’re constantly looking for new opportunities to optimize our services even further, especially in our growth areas such as data analytics, cybersecurity and digital transformation. Krios Solutions’ profile and values perfectly match what we look for in a partner.”
Johan Lenders, co-founder of Krios Solutions: “We’re really delighted with this next step on our growth path. We’ve already worked with EY on joint projects for several years and by joining EY’s extensive global network, we can give our international expansion a boost. This acquisition is a fantastic opportunity for us and our clients. It not only offers our organization amazing prospects for growth, but also gives our employees the chance to expand their expertise and take advantage of greater possibilities for progression”.
About Krios Solutions
Krios Solutions is a Belgian company from Grimbergen founded in 2014. Krios Solutions specializes in the automation and optimization of financial processes in an SAP environment. Its core activities include assisting the finance department and the IT department during such implementation and optimization projects. The down-to-earth, result-oriented approach forms the perfect basis for a long-term relationship with clients and partners. Its client base includes Ahold Delhaize, Arvesta (formerly AVEVE) and Vynova.