Perseus Group Expands Portfolio with Acquisition of Honeywell’s OptiVision for Pulp and Paper Industry

3 min read | October 08, 2024 01:57 PM BST | By Team Kalkine Media

Highlights:

- Strategic Expansion: The acquisition of OptiVision marks Perseus' fifth purchase in the pulp and paper sector, strengthening its market presence alongside existing solutions like MAJIQ and Ediwise.

- Experienced Leadership: Peter Litka, with over 30 years in the industry, has been appointed General Manager of OPTIVIQ to ensure robust support for the OptiVision customer base.

- Commitment to Customers: Perseus emphasizes long-term partnerships and dedicated support, promising to uphold the “Software for Life” vision for OptiVision users.

Perseus Group, a subsidiary of Constellation Software Inc. (Constellation), has made a significant move in the pulp and paper sector by acquiring Honeywell’s exclusive global license for OptiVision. This cutting-edge order-to-cash system streamlines operations within the pulp and paper industry, covering essential functions such as order management, planning, manufacturing execution, warehousing, and shipping. The management of the OptiVision license will now fall under OPTIVIQ Inc., a company within the Perseus Group.

The acquisition of OptiVision significantly bolsters Perseus’ position in the pulp and paper industry, complementing its current offerings and enhancing its service capabilities. Peter Litka, who will lead OPTIVIQ, brings extensive experience to the role. “We look forward to serving the install base of OptiVision with a strong commitment to the future of the product and the industry,” said Mr. Litka, underscoring the company’s dedication to maintaining high service standards.

Steve Latham, Manager of the Manufacturing Software Portfolio at Perseus, expressed enthusiasm about the acquisition, stating, “OptiVision is a great addition to our portfolio, and we will bring the Perseus vision of ‘Software for Life’ to bear with an eye towards the long-term.” This statement reflects the organization’s commitment to fostering strong customer relationships and supporting their long-term investments in the OptiVision system.

OPTIVIQ is poised to build a robust team focused on the support, enhancement, and maintenance of the OptiVision software. This commitment aims to sustain the product while ensuring it adapts to the evolving needs of customers who depend on it for operational efficiency.

With nearly 40 years of experience in the pulp and paper industry, OPTIVIQ Inc. has acquired the exclusive worldwide license for the sales, distribution, and support of OptiVision. The company is dedicated to delivering exceptional value through outstanding customer service and deep industry knowledge, fostering long-lasting partnerships with its clients.

Perseus operates as a prominent group under Constellation Software Inc., focusing on acquiring and investing in software businesses that prioritize long-term solutions. The organization is committed to building lifelong partnerships with its customers, ensuring that their software needs are met comprehensively and sustainably.

 

 

 Conclusion

 

The acquisition of Honeywell’s OptiVision represents a pivotal moment for Perseus Group, reinforcing its commitment to the pulp and paper industry while enhancing its suite of software solutions. With experienced leadership and a focus on customer service, OPTIVIQ is set to play a crucial role in the industry’s future, providing the support and innovation needed for clients to succeed in a competitive landscape. As Perseus continues to expand its portfolio, the focus remains on delivering exceptional value and nurturing long-term relationships with its customers.


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