Siemens acquired UK-based production planning and scheduling software firm Preactor Group, the company announced Monday.

Siemens said it hopes the acquisition will further expand its lead in the industry software market. Preactor’s APS software solutions will add significant new components to the Siemens Manufacturing Operations Management (MOM) portfolio, the company stated in a press release.

Headquartered in Chippenham, UK, Preactor has been developing software solutions for efficient automated production planning processes for more than 20 years. The company’s APS planning software has been installed by over 4,500 small, medium and large multinational companies in 75 countries, and is used to drive down production costs, boost productivity and improve adherence to delivery deadlines.

“By acquiring the Preactor Group, we are further extending our position as an industry software supplier in the field of production and logistics”, said Anton S. Huber, CEO of the Siemens Division Industry Automation. “The solutions supplied by Preactor ideally complement our MES product portfolio. We will be extending our industry software offering to include APS as a key component in the field of Manufacturing Operations Management. With the Preactor Group, we are gaining a team of specialists with a proven track record as a preferred supplier and service provider for APS solutions the world over.”

Once the deal is complete, Preactor will be assigned to the Siemens Industry Automation Division. The relevant agreement was signed Monday. The purchase price will not be disclosed.