Strategic Momentum Through Targeted Expansion
Qualco Group continued advancing the strategic roadmap it unveiled during its listing on the Athens Stock Exchange, taking decisive steps to support both organic and inorganic growth. The latest move involved acquiring the remaining 49.9 percent of D.D. Synergy for 3.5 million euros after securing a 50.01 percent stake in April 2024.
Additional activity unfolded in the first half of 2025 as the group completed 2 new acquisitions. Empedus joined the group with a 100 percent buyout, adding expertise in financial and utility services. Cenobe followed with a 50.01 percent majority purchase, strengthening Qualcos presence in cybersecurity with clients across 7 countries.
Shareholding in Indice rose to 50.1 percent, reinforcing operations spanning software and technology, platform as a service solutions, and portfolio management.
D.D. Synergy Profile and Performance
D.D. Synergy, founded in 1999, has become a major SAP business partner in Greece by delivering customized SAP solutions for modern corporate needs both locally and internationally. Financial results for 2024 showed revenue reaching 5.4 million euros and pre tax earnings amounting to 776.8 thousand euros.
Profitability improved compared to 2023, reflecting continued operational strength. Equity increased to 2.3 million euros in 2024, rising from 1.8 million euros in the previous year.
