Nimonik acquires Envitool to expand into Chinese market
Nimonik, the Montreal-based creator of mobile apps for environmental health and safety (EHS) legal compliance, today announced they have acquired Envitool, the leader in EHS legal compliance and regulatory analysis for the Chinese market.
After six years of operation in China, the team at Envitool and their clients join Nimonik to help grow NimonikApp.com and its companion mobile solutions on iOS and Android in the Chinese market and abroad. They have over 300 clients in China, mostly multinational manufacturing and industrial clients.
Established in 2008, Nimonik offers web and mobile solutions to environmental, health and safety and quality managers in over 25 countries for over 125 jurisdictions. They previously acquired Etobicoke-based Conformance Check inc in March, 2016. Founder and CEO Jonathan Brun formerly ran Mile End’s StationC, which many consider the first co-working space that surfaced in Montreal.
“Having lived and worked in China, it is clear that both Chinese and international businesses operating in China require robust EHS and Quality compliance solutions. China will be the world’s largest manufacturer and industrial nation and Nimonik plans to service businesses of all sizes to ensure they respect Chinese laws and standards as efficiently as possible,” said Brun.
“Envitool’s history of supplying compliance assurance solutions to over 300 Chinese and multinational clients in China will be enhanced by incorporating Nimonik’s state of the art web and mobile solutions,” said Magnus Svernlov, co-founder and former executive chairman of Envitool. “The combination of our companies’ top talent and service offerings will provide unparalleled solutions for global regulatory compliance assurance and support.”
Envitool is owned by a Swedish company that ran a Swedish division since the ’90s with a Chinese division added in 2010. Brun contacted Envitool about acquiring the Chinese division after learning through a LinkedIn ad that the Swedish division had sold to a company in Denmark. The former owners will become partners and shareholders in Nimonik.
“We’ll be increasing the team in Montreal to help with the integration and expansion. The goal is to offer global and mobile solutions to these multinational companies that are already clients in China,” Brun told MTLinTECH. “We have a native iOS android app that’s quite popular. So we’re going to migrate all the Envitool clients and data to the Nimonik platform and the Envitool software will disappear within a year.”
The Nimonik team in Montreal is currently 15 people, with plans to double that in the next two years. The former Envitool team in Shanghai is currently made up of 9 people, but will also probably expand once sales efforts are scaled up.
“We’d like to get up to 30 [people] in Montreal in the next two years, and then further acquisitions down the road,” said Brun.
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