The Recycler
  • G&G Masthead August 2024
  • Biuromax Masthead web banner March 2024
  • Katun web banner December 2022 NEW
  • Ambiente 2025 Masthead

MORGENSTERN Group continues to grow

November 15, 2022

The Group continues its dynamic growth plan with the expansion of the branches in Villingen-Schwenningen and Balingen as well as the integration of Jaka GmbH & Co. KG in Freiburg last year and the planning of further acquisitions.

Effective 1 November 2022, MORGENSTERN AG took over the ELO ECM/DMS division of Informationstechnik Klumpp GmbH, based in Lahr, Black Forest. The new customers benefit from this integration above all through customer proximity and 50 years of expertise.

“The key to success lies in the consistent continuation of the growth course that has been started in the field of digitization of the working world. We have therefore taken over the ELO ECM/DMS division of Informationstechnik Klumpp GmbH based in Lahr,” explained CEO Robin Morgenstern. This includes around 70 customers from all sectors and, with a sales volume of almost €1 million ($1.3 million), offers a potential experience of over 25 years of expertise.

“Thanks to the close cooperation with the MORGENSTERN Group, our customers will benefit in the future from a holistic portfolio and consulting approach for everything to do with ELO document management,” said Michael Klumpp, Managing Partner of Informationstechnik Klumpp GmbH, who will continue to be responsible for Managed Print Service and data protection will continue with his team in Lahr. “With the integration of the business area, its customers and employees, we are once again strengthening our presence in the south-west and expanding our expertise in this crucial growth area,” continued Robin Morgenstern, CEO of the MORGENSTERN Group.

“In the current 2022 financial year, we are also benefiting from the unbroken demand for digitisation solutions and we expect renewed, significant growth here. Against the background of the worsening delivery bottlenecks as well as the Ukraine war and massive price increases, we expect these factors to have a greater impact on our business development in 2022 as well. However, through the consistent strategic orientation of the group of companies and the sustained focus on the benefit of our customers, we will minimize the effects of macroeconomic factors on the earning power of the group,” concluded Robin Morgenstern.

Categories : City News

Tags : Acquisition Business Expansion MORGENSTERN Group

  • Biuromax web banner July 2024
  • Cartridge Web Nov Web Banner
  • Ink Tank No Web advert
  • IR Italiana Web ad January 2021
  • Static Control June 2022 Big & Bold Ad
  • GM Technology October 2024
  • Apex September 2024 Web ad
  • G&G web advert October 2024
  • TN Core Nov Web advert
  • HYB Web banner Jan 2024
  • Denner Feb 2024 Web Ad
  • Mito Web banner June 2024
  • denner UK Web Banner Jul 2024
  • CET Web ad December 2023
  • PCL Nov Web advert
  • ITP Web ad January 2021
  • Zhono Web ad March 2024
  • denner UK Web Banner Jul 2024
  • Denner Feb 2024 Web Ad
  • CET Web ad December 2023
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • Mito Web banner June 2024
  • PCL Nov Web advert
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • Denner Feb 2024 Web Ad
  • CET Web ad December 2023
  • Zhono Web ad March 2024
  • denner UK Web Banner Jul 2024
  • Mito Web banner June 2024
  • PCL Nov Web advert

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark