Allgeier Prepares for Digital Growth. The Sale of the IT-Managed Service Business is a Strong Deal!

Germany aims to significantly advance digitalization to make bureaucratic errands obsolete and enable company formations within 24 hours. The digital tax declaration via Elster was a first step, and Allgeier (i) was involved in this realization through its subsidiary mgm technology partners, for example. It is estimated that around 40% of revenues are generated from the public sector, with an additional double rate attributed to Germany in general. Therefore, starting from 2026 onward, there should be a notable revival of orders in the domestic...