Kendox AG has acquired DM Dokumenten Management GmbH to enhance its digital solutions portfolio and accelerate market expansion in the DACH region.
Information on the Target
Kendox AG has successfully completed the acquisition of DM Dokumenten Management GmbH (DM) along with its 'lobo' product portfolio, aiming to enhance its market presence. DM, based in Puchheim, Germany, specializes in Document and Workflow Management solutions tailored for a diverse clientele that includes both government entities and businesses operating in Germany and Switzerland.
DM's product range features a robust Document Management System (DMS) capable of managing over 30 TB of documents, with specialized applications geared towards business consulting and comprehensive workflow solutions. The firm has garnered a significant foothold in industries such as auditing, legal, and various verticals, successfully establishing a strong presence in sectors including the Serbian banking industry and the Swiss governmental landscape.
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Industry Overview in Germany and Switzerland
The Document Management and Workflow solutions industry in Germany and Switzerland is experiencing significant growth, driven by an increasing demand for digitalization across various s
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