GK SOFTWARE takes over operating business of Solquest GmbH
Significant addition to GK SOFTWARE'S product portfolio in the field of store integration and mobile solutions
The solutions provided by Solquest GmbH are used, among other things, to link the central SAP merchandise management systems with the processes in stores. The products of SOLQUEST GmbH are successfully used by customers like Coop (Switzerland), EDEKA Südwest, Dohle or tegut. As a result, GK SOFTWARE AG is further extending its technologi-cal and innovation leadership in its target market.
Company Profile of Solquest GmbH
Solquest GmbH was set up in 1996 as a consulting firm that focused on SAP logistics and management information systems. The company broadened its portfolio to specialize in mo-bile solutions in 1999. Solquest has been focusing solely on IT solutions for the retail trade since 2004. The Solquest Retail Suite provides solutions for store integration, peripheral con-trols, mobile store processes, online inventory management and promotions. The company also provides consulting and project management operations in addition to service and sup-port. The solutions provided by Solquest GmbH are used by major German and Swiss retail-ers like Coop (Switzerland), Dohle, EDEKA Südwest, Fenneberg, Hammer Heimtex, Prode-ga or tegut. Solquest GmbH currently employs approx. 50 members of staff at its business locations in Waldbronn and St. Ingbert.
GK Software AG
GK SOFTWARE AG is one of the leading technology developers and providers of standard software for the retail sector in Europe and has an extensive range of products for stores and enterprise headquarters. As a result of its open software solutions in the GK/Retail Suite, which can be used with any platform and is fully programmed in Java, the company has es-tablished itself on the market as a leading provider of technology and innovations. The soft-ware provides ideal business organization for retail companies with many stores and there-fore offers significant potential for cost savings and customer loyalty programs so that com-panies can increase their competitiveness.
The company employs 231 members of staff (figures for 31 March 2009) at company head-quarters in Schöneck and four other business locations in Berlin, St. Ingbert, Plzen (CZ) and Basel/Riehen (CH). GK SOFTWARE AG can list well-known German and foreign retail com-panies among its customers, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzer-land), EDEKA Hannover-Minden, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software is currently being used in 25 countries at 57,000 POS units in approx. 13,500 stores in Germany and abroad. The company has grown rapidly during the past few years and its sales revenues totaled EUR 15.0 million in 2008. GK SOFTWARE AG achieved EBIT of EUR 2.8 million (EBIT margin of 18.5% on total operating revenue). The two foun-ders and Management Board members, Rainer Gläß (CEO) und Stephan Kronmüller (CTO), in conjunction with the Management Board members Ronald Scholz (COO) and André Her-gert (CFO), have made GK SOFTWARE AG a profitable company with strong growth since 1990. Further information about the company: www.gk-software.de.