EcoOnline acquires SafeUse to strengthen competence and development resources. The acquisition is the third last year for EcoOnline.
EcoOnline is a fast-growing European SaaS company dedicated to developing software to make chemical risk management and other HSEQ tasks as user-friendly, effective and cost-efficient as possible for companies. In 2018 the company grew its’s ARR base with 50% and added more than 1.500 new customers.
On February 1st, all SafeUse employees moved into EcoOnline’s office in Tønsberg. The CEO of EcoOnline Group, Göran Lindö concludes that, within a year, EcoOnline has grown with more than 80 employees from both acquisitions and recruitment, building up competence and a new platform for growth. He furthermore sees a positive underlying trend in the market with increased knowledge of chemical health hazards and greater focus on sustainability, making EcoOnline’s solutions very attractive in markets across Europe and globally.
"We are delighted to partner with SafeUse that shares our commitment to quality and brings deep industry knowledge. With our innovative SaaS technology, we meet the growing demand for smart digital solutions for companies, that like to secure safer and more sustainable workplaces and through our recent buildup of competence, we have truly strengthened our position to further improve our offering", says Lindö.
For the former CEO of SafeUse, Thomas Andreassen, it has been important to safeguard the employees during the acquisition process.
"There is always a little tension related to the fact that two companies should move under the same roof, but everyone has taken this very positively. Working in a larger company like EcoOnline offers many exciting opportunities for my colleagues", says Thomas Andreassen.
Facts about EcoOnline
EcoOnline is a leading provider of software for health, safety, environment, and quality (HSEQ), helping companies to gain control and be compliant in a simple and cost-efficient way. The company was founded in 2000, and currently has over 5 500 customers and almost 200 employees in Norway, Sweden, Denmark, Finland, Ireland and the United Kingdom. EcoOnline is experiencing rapid growth and high demand for its software in all markets.
EcoOnline’s core solution is a unique platform where businesses can publish and share legally-required documentation for chemicals. The platform links the entire value chain together, enabling you to communicate regardless of whether you are a manufacturer, supplier or end-user. In the software it is also possible to carry out risk assessments, as well as other preventive measures, such as substitution and registry for exposures of particularly hazardous chemicals.
Our vision is to be the preferred provider of HSEQ software, delivering sustainable results for our customers and the planet. We help our customers create safe, sustainable, efficient and attractive workplaces through user friendly SaaS tools.
Facts about SafeUse
SafeUse was founded in 1996 and has been based in Sandefjord. The company provides software solutions and services to safeguard health and safety legislation, including SDS archive solutions for chemical documentation.
SafeUse also has extensive experience and competence within preparation, editing and translation of safety data sheets.