Lufthansa Industry Solutions, part of Germany's Lufthansa Group, said it has taken over Albania-based IT service provider Applications Management Development (ADM) for an undisclosed sum.
The Albanian IT service provider will operate under the name Lufthansa Industry Solutions, while AMD's former managing director Uwe Fischer will continue to run the business.
“Lufthansa Industry Solutions is pursuing a consistent growth strategy to meet the rising demand for IT services,” the company’s managing director, Bernd Appel, said. “With the acquisition of AMD, we have now for the first time also brought additional capacities into the company from the external market. The quality of the work performed by AMD impressed us from the very start.”
Since its creation in 2017, AMD has been providing IT services for Lufthansa Industry Solutions as a nearshore partner. The Albanian company has more than 120 employees and is particularly active in the fields of UI (Angular, JSF, React), portals (Sharepoint, Camunda), mobile (iOS, Android), Java, front and backend development and test automation.