Limerick firm acquires top German software company

LEADING Limerick software firm AMCS has announced the acquistion of Germany’s leading recycling and waste management software specialist Recy Systems.

AMCS, which employs 110 people at its base in the City East plaza in Ballysimon Road, and almost 500 globally, has acquired Recy, which itself is a multi-nationmal company, with offices in Britain, the USA, Slovakia and its homeland.

Its customers include some of the world’s largest and most complex recycling companies. Overall, the acquisition will add another 600 customers from across Europe, North America, Asia, and Africa, taking AMCS’ total customer base to over 2,400 organisations worldwide.

AMCS’ existing solution portfolio will be strengthened by Recy’s world-class suite of software, including its state-of-the-art functionality for managing complex stock inventory and valuation requirements. Recy’s sector-specific model ensures that its products are designed exclusively for the waste, recycling and material trading industry, covering steel scrap, non-ferrous metals, paper, wood, glass, plastic, textiles and electronics.

Company chief executive Jimmy Martin said: “The global metal recycling market is certainly shaping up to be an exciting place in which to operate. Its dynamic nature and the high degree of complexity involved will undoubtedly mean an increased and accelerated adoption of technology. Recy’s impressive customer base will add further scale to our business internationally, particularly in Germany and North America, and I am confident that customers, both existing and new, will benefit from the integration of the two businesses.”

Last year, the company cut the ribbon at its worldwide headquarters which are right here in Limerick.