STP Nordic acquires Tranflex
The UK-based translation company Sandberg Translation Partners Ltd (trading as STP Nordic) has acquired all shares in the Stockholm-based Tranflex AB and its UK subsidiary Tranflex Limited based in London.
Tranflex will initially continue as a going concern with complete continuity of service delivery from its Stockholm and London offices. Chris Phillips, the Managing Director of Tranflex, will join the STP Nordic Management Team as Process and Account Manager. He will oversee Tranflex operations until closer integration can be achieved over the next 12 months. All Tranflex staff will carry on in their existing roles.
“Both STP Nordic and Tranflex operate primarily as suppliers of Nordic language solutions to other translation companies, investing in fulfilling the needs of our key clients by developing workflows and technology, achieving economies of scale and focusing on quality service and deliverables. Apart from our declared business model of mainly serving mainly translation companies, we also share very similar philosophies and values when it comes to HR matters and our focus on quality, technology, flexibility and service delivery. It is our intention to maintain this successful business model and strengthen our market position thanks to the synergies between our two companies and our combined expertise,” says Jesper Sandberg, Managing Director of STP Nordic.
“Tranflex has experienced strong growth in recent years, which has brought on a need for rapid changes to our working model and processes. Our model has been to serve a relatively small number of large MLVs, but providing them with a best-of-breed service and adapting to the high demands of fast turnaround times while maintaining high quality. We have always been strong in technology and production optimisation, but we had reached a size where we needed improved functions across HR, finance and business management. I therefore sought a partner to provide us with an established and more mature infrastructure within which we could continue to focus on our core strengths. We found that partner in STP Nordic. Their structure, team and commitment to providing quality Nordic translations mean that as part of the enlarged group we will be able to take a big leap ahead of our game plan and increase our service offering to both existing and new clients,” adds Chris Phillips, Managing Director of Tranflex.
STP Nordic and Tranflex have long shared a reputation in the translation industry for serving their clients with high-calibre linguistic work and cutting-edge technical solutions. This key focus remains unchanged, and the acquisition brings together the very best of the two companies and further cements our position as an innovative and dynamic industry partner. There will be few changes in the first year, with the three trading companies remaining separate legal entities, keeping their trading names and operating as usual from their current offices in London and Whiteley, UK, and Stockholm, Sweden.
See the STP Icebreaker newsletter www.stpnordic.com/icebreaker8.html for more detailed information, or contact:
Jesper Sandberg, Managing Director of Sandberg Translation Partners Ltd ([email protected]).
Sandberg Translation Partners Ltd (trading as STP Nordic) of Whiteley, near Southampton in the UK, was established in 1995 and has built up a strong reputation and an extensive LSP client base throughout Europe and the USA as a specialist provider of translation, localisation and other related language services involving English, German and the Nordic languages. STP Nordic employs 43 full-time staff and has a strong and closely integrated freelance supplier base. The company is certified to the BS EN 15038 translation services standard.
Tranflex AB of Stockholm, Sweden, was established in 2000 and opened its London subsidiary in 2010. Tranflex has 15 full-time staff and provides MLVs with technical and workflow solutions as well as localisation services from English into Danish, Norwegian and Swedish.