Conversion to a new legal form – Newtron increases flexibility as limited liability company
As of January 1st, 2018, the eSolution provider Newtron has changed its legal form from a stock corporation (Aktiengesellschaft, AG) to a limited liability company (GmbH). Entry in the commercial register has already been effected.
"This step will lead to a significant streamlining of our structures and internal processes, thus freeing up resources," says Michael Bibow, CEO of Newtron. “As a limited liability company, we now have greater flexibility and are therefore able to anticipate the constantly changing framework conditions in electronic procurement with tailored solutions at a faster pace and with greater precision than ever before. This will allow more time for our customers."
The change in legal form is in part due to the acquisition of Newtron by SupplyOn AG, Hallbergmoos (Munich) in January 2017. For 17 years now, SupplyOn has been a leading supply chain platform provider for the manufacturing industry, enabling companies to manage their business processes with their suppliers and service providers in a structured and secure manner.
In Germany, Newtron is located in Dresden and Hamburg and is rapidly expanding. An additional development team is also currently being set up in Dresden. To this end, Newtron continues to invest in the latest technologies and methods. The move to larger premises is expected in the near future. “This will make NEWTRON even more attractive to customers," says Bibow. “Apart from that, Newtron continues to serve as a stable and innovative partner for our business partners. All contracts will be maintained in their original form."
SupplyOn AG
SupplyOn is the supply chain collaboration platform for the manufacturing industry, through which business processes with suppliers and service providers spanning all continents can be handled in a structured, transparent and secure manner. SupplyOn starts where ERP systems end and seamlessly extends internal business processes across company boundaries. The solutions offered as software-as-a-service are aligned to the process requirements of the manufacturing industry and cover cross-company processes in supply chain management, supplier risk & performance management, strategic and operative procurement as well as in quality and transport management. SupplyOn has established a company network within the manufacturing industry with a focus on automotive, aerospace, railway and engineering that connects more than 60,000 companies from 70 countries. Customers include renowned industry leaders such as Airbus, BMW Group, BorgWarner, Bosch, Continental, DEUTZ, Kautex Textron, Liebherr, Safran, Schaeffler, Schaeffler, Schindler, Siemens, Thales and ZF.www.supplyon.com
Newtron GmbH
Newtron GmbH is a leading provider of web-based solutions for the optimization of business relations between suppliers and buying companies. Newtron offers a comprehensive portfolio ranging from eProcurement, eSourcing, SRM, EDI to extensive additional services such as customer services in 12 languages and consultancy services. With its top-quality, innovative products and nearly 20 years of process competence since its founding in 1998, as well as locations all over the world, Newtron works in close association with customers to create the most suitable solution for increasingly important process streamlining with the highest quality and safety requirements. Newtron GmbH supports more than 1,000 buying companies and 80,000 suppliers. www.newtron.de
Press Contact
Anissa Hartmann
Newtron GmbH
marketing@newtron.de
Cornelia Staib
SupplyOn AG
+49 811 99997-290
cornelia.staib@supplyon.com
