Addnode Group announced that the offering to the forest sector in the subsidiary Sokigo will form a new company under the name Icebound. The ambition is to create an international market-leading player in digital solutions for the forest sector and other basic industries. Already now, the new company has a strong position in the forestry industries in Sweden and Europe, an experienced organisation and net sales of SEK 60 million.

Based on its existing product portfolio, as well as its competence and experience in geographic information systems (GIS) and geodata, Icebound will offer digital solutions that streamline processes and business flows for the forestry industry and other basic industries. The product range mainly consists of Sokigo Forest, which is a broad software suite for the forestry industry, ProLocate for the contracting industry, and a number of basic offers in geodata and real estate data. The new company Icebound will be operational from January 2024.

The head office will be located in the north of Sweden, Lycksele, and with local presence in other locations in Sweden. Like Sokigo, Icebound will be a wholly owned subsidiary to Addnode Group in its division Process Management.