Lion Partners Congratulates its Client Glodon for a Successful Agreement with Progman



Progman joins forces with Glodon to strengthen its global position

Progman has joined forces with Glodon, a leading architecture, engineering and construction software company in China. With a contract signed on Thursday March 27th, Progman becomes part of the international Glodon Group.

The contract will significantly enhance the capabilities of both companies, and make Progman globally the strongest developer in MEP design software for Revit and AutoCAD technologies.

With its product MagiCAD for Revit and AutoCAD, Progman will remain an independent Finnish company while benefiting from access to significant financial resources to support the company's growth.

“We are very excited about working together with Glodon and strengthening Progman’s capabilities by gaining the resources of a large, public corporation”, comments Progman CEO Mauri Susilahti.

Progman’s joint goal with Glodon is to make MagiCAD the number 1 MEP design software globally. At the same time, Progman will get more resources to extending its consulting business operations in Europe, including tailored software and product modelling services for MEP device and component manufacturers.

The main focus of investment and business development will be in Europe, Russia and China. Glodon’s objective is also to strengthen their presence in Europe by having a local subsidiary in Finland that will become the hub also for Glodon’s European business development.

Progman has had an office in Beijing since 2008. Glodon's strong position in China will support Progman’s aim to considerably increase its share of the MEP design software market in China.

About Progman

Progman Oy, founded in 1983, is a profitable company headquartered in Rauma, Finland. Progman’s product MagiCAD has over 15 000 licenses in use by building services designers in over 45 countries worldwide. Progman employs a staff of 80 and has offices in Finland and China as well as a subsidiary in Sweden.

About Glodon

Glodon is China’s leading construction software company headquartered in Beijing. Glodon has over 3000 employees, with more than 40 branches covering the whole of China’s 32 provinces and regions. Glodon also has subsidiaries in Singapore, Hong Kong and the US. Glodon is listed on the Shenzhen Stock Exchange SME Board.

For additional information:

Mauri Susilahti, Managing Director, Progman Oy, Tel: + 358 41 445 4624



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