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Heidelberger Druckmaschinen AG Kurfürsten-Anlage 52-60 69115 Heidelberg, Germany http://www.heidelberg.com
Contact +49 30 88714270
Company logo of Heidelberger Druckmaschinen AG
Heidelberger Druckmaschinen AG

Heidelberg sells DOCUFY software subsidiary to Elvaston Capital Management and raises EBITDA margin target for FY 2021/22

(PresseBox) (Heidelberg, )

- Unchanged focus on cloud-based digitization strategy in the core business
- Portfolio streamlining strengthens liquidity for future investments
- EBITDA margin of 7―5% expected for full year 2021/22
- Further strategic development of DOCUFY

As part of its continued focus on its cloud-based digitization strategy in its core business, Heidelberger Druckmaschinen AG (Heidelberg) has sold the software provider DOCUFY GmbH, Bamberg, to the investment company Elvaston Capital Management, Berlin.
A corresponding purchase agreement was signed today. In December 2019, Heidelberg had bundled its own peripheral software activities at DOCUFY, which usefully complemented DOCUFY's existing portfolio.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.