Series of acquisitions and strategic plan for organic and inorganic growth

The Qualco group is proceeding with moves that are part of the implementation of its strategic plan, which was presented during its listing on the Athens Stock Exchange and sets the foundation for the next targeted steps of inorganic and organic growth.

This includes the full acquisition of the share capital of D.D. SYNERGY S.A. with the acquisition of the remaining minority stake of 49.9%, for 3.5 million euros. It should be noted that in April 2024, Qualco had acquired the majority stake of 50.01% of D.D. SYNERGY.

In the first half of 2025, the Qualco Group had completed two acquisitions – Empedus (100%) with a focus on financial services and utilities and Cenobe (50.01% majority stake) with a focus on cybersecurity and a client base of more than 50 organizations in seven countries.

The Qualco Group had also increased its participation in Indice to 50.1%, aiming to strengthen its activities spanning three business sectors: Software and Technology, Platform as a Service solutions, and Portfolio Management.

The acquired company D.D. Synergy was founded in 1999 and is one of the largest SAP business partners in Greece, providing customized SAP solutions that meet the needs of modern businesses in Greece and abroad.

In 2024, D.D. SYNERGY’s turnover amounted to 5.4 million euros and pre-tax results to 776.8 thousand euros.

The company, based on the financial data of 2024, increased its profitability compared to the previous fiscal year.

Its equity amounted to 2.3 million euros with a company capital of 368,370.00 euros, while in the previous fiscal year 2023 they had amounted to 1.8 million euros, with the company capital reaching 368,370.00 euros.