The Germany-based property management system (PMS) has collaborated with ADDIPOS for a number of years - working in conjunction to deliver POS hardware and software to the region. With the purchase, SIHOT’s parent company GUBSE will take over control of the company founded in 2004.
ADDIPOS employees across all its German offices in Saarbrücken, Berlin and in its network of 17 countries will not be affected. The founders of ADDIPOS, Kai Grobusch and Peter Schmelzer, will also remain with the business for the foreseeable future.
The acquisition enables SIHOT to expand its offering with POS hardware to complement its Cloud SaaS system. ADDIPOS, based in Saarbrucken, is one of Germany’s leading providers of integrative POS systems within catering, hotels and bakeries with over 1138 installations.
“We have always seen a great deal of value in our collaboration,” said Carsten Wernet, Chief executive, SIHOT. “This will now allow us to even further bring our strengths together, and enable the expertise of Peter and Kai to invest in the software development processes and resources of GUBSE to take the POS market to the next level.”