Sweden’s Semcon acquires e-learning solution provider Walkgrove
UK-based Walkgrove has been acquired by Swedish multidisciplinary technology company Semcon. Active in the automotive, energy, rail, life sciences, public sector and telecommunications sectors, the purchase signals Semcon’s push into a new market, the UK. Financial details of the deal were not disclosed and Walkgrove was consolidated into Semcon effective 1st of the year.
Founded in 1994, Walkgrove designs and delivers bespoke e-learning solutions to public, private and third sector clients including the Scottish Government, Transport for London, Tesco, Oxfam and the UN. In addition to tailor-made learning offers, the company also offers ready-to-use training courses focusing on management, IT and health and safety issues.
Commenting on the acquisition, Walkgrove Managing Director Sarah Smith comments, “This is a great opportunity for Walkgrove to complement Semcon’s learning products and services. We had been approached by several interested organizations before finding the synergy and cultural fit that Semcon offers.
With operations based near Nottingham and Derby in the UK’s East Midlands, Walkgrove’s 20 employees generated £1.4 million in sales in the 2020/2021 financial year. No indication of personnel changes was indicated by Semcon.
“We are very happy that Walkgrove is now part of Semcon. This will provide us with a strong base from which to grow our strong digital and blended learning offering for existing and new customers in the UK. The East Midlands is an ideal location close to rail industry cluster customers around Derby and close to Semcon’s existing product information operations in Warwick, just south of Birmingham,” concludes Johan Ekener of Semcon.