Infobric acquires BlastManager AS

Through the acquisition of the Norwegian IT company BlastManager AS, Infobric further strengthens its position as a digitization partner to the construction industry’s stakeholders and provides the executive group with specialist expertise in IT solutions for safer and efficient blasting work.

The acquisition of BlastManager is a strategic step for Infobric, towords becoming the leading digitization partner for the construction industry in the Nordic region. The IT company from Sweden has grown strongly organically in the recent years and its first acquisition was made in spring 2019, the Norwegian-based company Templus AS. With BlastManager, Infobric strengthens its position as supplier to the contractors in the construction industry.

– We are very proud of the acquisition. BlastManager has a fantastic product, strong customer relationships and a high level of specialist expertise in development of IT solutions for the blast industry. The acquisition fits well with Infobric’s growth strategy, where we see great opportunities for synergies and a strengthened offert together with BlastManager in several of our existing markets in the Nordic countries, says Dan Friberg, CEO of Infobric.

BlastManager AS was founded in 2006 in Kristiansand and develops digital services for planning and documentation of blasting work. The company is the market leader in its niche in Norway, with about 1 000 blasting contractors using the system today. The cloud-based system BlastManager enables the blast contractor to meet requirements from authorities and clients in a safe, simple and cost-effective way. Features include designing ointments, simulating the detonation process, calculationg vibrations and communicating with nearby residents and actors withing the project.

Blasting works have high demands on analysis, documentation and coordination, where paper and pencil are still widely used. Therefore, there are great opportunities to increase safety and efficiency in the industry with the help of digital tools and smart technology.

– It is very exciting to be part of the Infobric family and we look forward to further strengthening the offer for our existing and new customers through an even better system. We support everyone who works with blasting with both planing an reporting of work. In addition, we are very proud to have developed an inventory application that gives full control over the use of material for ignition and blasts. We are the first in Norway to be able to offer our customers the oppertunity for 100% digital transport documentation, says Martin Ryde, CEO of BlastManager AS.

Infobric acquires 100% of the shares in BlastManager AS and the formal entry takes place in August 2019.

For further information please contact:

Dan Friberg, CEO, Infobric AB
+46 707 88 75 44, dan.friberg@infobric.se

Martin Ryde, CEO, BlastManager AS
+47 99 333 555, martin@blastmanager.no