Kendox AG today announced that it has completed the acquisition of DM Dokumenten Management GmbH (DM) and their “lobo” product portfolio to accelerate its market expansion.
DM is a Puchheim/Germany-based provider of Document and Worflow Management solutions serving a long list of governmental and business clients in Germany and Switzerland. Kendox, with their scalable cloud service platform is an excellent partner to build a combined portfolio of leading digitalization solutions for business of all kinds.
Quote Manfred Terzer: “The “LOBO” product line of DM complements the solutions portfolio of Kendox in an almost perfect way. While Kendox focuses on cloud service providing, DM contributes broad active document management and workflow competence.”
Quote Lars van ‘t Hoenderdaal: ”This is what we really like: supporting management with our flexible financing solutions to combine organic growth and simultaneously do smart acquisitions. This acquisition will accelerate the opportunities of Kendox in the dynamically growing market for document management and process automation in the DACH market and beyond.”