ElaN Languages, majority-owned by Andera Expansion 3, is set to enhance its presence in the German market by acquiring the Lingua-World group, a leading translation service provider.

Target Information

ElaN Languages, a leading tech-enabled Language Service Provider in Belgium, is primarily owned by Andera Expansion 3. With a turnover of approximately €20 million, ElaN has developed a robust reputation over the past 30 years for delivering high-quality translation services. Their diverse range of clients includes the Belgian national and regional governments, the European Commission, and various private European companies. Translation has become a vital business need for these organizations.

The main service offering of the group includes translation services across various sectors such as financial, legal, medical, and commercial, covering a multitude of document types including websites, legal documents, annual reports, and technical communications. This is achieved through a unique blend of human expertise and advanced technologies, particularly Artificial Intelligence and Natural Language Processing, facilitated by their proprietary tech platform.

Industry Overview in Germany

Germany stands as one of the largest markets in Europe for translation and interpreting services. The industry has experienced vigorous growth in recent years, driven by globalization and the increasing need for cr