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Announced

Completed

Francotyp-Postalia completed the acquisition of Azolver.

Synopsis

Francotyp-Postalia, a franking machine supplier, completed the acquisition of Azolver, a provider of IT and technology solutions. Financial terms were not disclosed. "Azolver fits well to strengthen our market position and profitability in the Mailing, Shipping & Office Solutions business. We are as well looking forward to continuing the development of Azolver’s current SaaS solutions. Further, Azolver’s nearshore technology & service center will be an important part of our new operating model. We are happy to welcome our new colleagues as part of the FP family," Carsten Lind, FP CEO.

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