Qualco S.A., a member of Qualco Group S.A. (“Qualco Group”), announces, in accordance with Law 3556/2007 and the provisions of Regulation (EU) 596/2014 and the Athens Exchange Rulebook, that it has proceeded with the full acquisition of the share capital of D.D. SYNERGY S.A. (“D.D. SYNERGY”) through the acquisition of the remaining minority stake of 49.9%, for a consideration amounting to €3.5 million.

D.D. SYNERGY, founded in 1999, is one of the largest SAP business partners in Greece, providing tailored SAP solutions that address the specific needs of modern enterprises in Greece and abroad. It is noted that, in April 2024, Qualco acquired a 50.01% majority stake in D.D. SYNERGY.

The acquisition attests to Qualco Group’s strategic vision to accelerate and broaden the growth of D.D. SYNERGY’s activities. Its full integration into the Group’s ecosystem enables the seamless creation of synergies with the organisation’s companies for the delivery of large-scale technology projects and the expansion into new sectors with innovative product solutions.

This transaction forms part of the implementation of the strategic plan presented upon Qualco Group’s listing on the Athens Exchange and lays the foundations for the next targeted steps in inorganic and organic growth.