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RIB Software SE (RIB) signs a Phase-II-contract (No. 33 / 2021) with KUTTER GmbH & Co. KG

Back24.06.2021

DGAP-News: RIB Software SE / Key word(s): Agreement
24.06.2021 / 10:32
The issuer is solely responsible for the content of this announcement.

24-June-2021

RIB Software SE (RIB) signs a Phase-II-contract (No. 33 / 2021) with KUTTER GmbH & Co. KG

Stuttgart, Germany, 24 June 2021. RIB Software SE, the world's leading provider of iTWO 6D BIM ESG (Environmental, Social and Governance) technology for the construction industry, today announced the conclusion of a next Phase-II-contract with KUTTER GmbH & Co. KG.

Originally founded as a classic building construction company in 1925, KUTTER GmbH & Co. KG is now a medium-sized family business in its third generation. The range of services includes not only building construction and civil engineering, but also turnkey construction as well as project development and the milling operation. In addition to the headquarters in Memmingen, KUTTER GmbH & Co. KG with approx. 1,000 employees has further branches and moreover, the KUTTER Group includes numerous subsidiaries throughout Germany. The KUTTER Group employs a total of over 2,000 people.

Ulrich Dick, Managing Director of KUTTER GmbH & Co. KG: "Buildings change the world and give it a new face every day. We in the construction industry have a special responsibility together with all those involved. The roads, squares, bridges and buildings that we construct should be durable, standard-compliant, sustainable and particularly user-friendly. To meet this requirement, we at Kutter work with state-of-the-art technology. Thus, we also rely on professional solutions when choosing our software and with the iTWO platform, we have opted for a modern technology that will considerably simplify our core processes in planning, calculation and implementation. In addition, with RIB we have found a strong pioneering partner who shares our passion for construction and supports us in driving forward digitalization within the Kutter company."

Erik von Stebut, Managing Director of RIB in Germany: "With KUTTER, we have found a family-owned company that, like us, can look back on a long history of expertise in the construction sector and is always at the cutting edge of technology. This combination of experience and innovation sets the course for a successful partnership. We are looking forward to supporting the KUTTER company in the even more efficient implementation of its orders. We are glad to face up to our responsibility for the future - which is to make the construction industry one of the most sustainable industries in the world through digitization."

About RIB Group

RIB Software SE is a pioneer in the digitalization of the construction industry. The company develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. iTWO 4.0, RIB's flagship cloud-based platform, provides the world's first enterprise cloud technology based on 6D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. RIB Software SE is a member of Schneider Electric and headquartered in Stuttgart, Germany and Hong Kong, China. With over 2,700 talents in more than 25 countries worldwide, RIB is targeting to transform the construction industry into the most sustainable and digitalized industry in the 21st century.



24.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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