ALVARA will further expand its presence in Austria and Switzerland from 2019 onwards. This way, the Leipzig company aims to better support existing customers on-site. Additionally, intensive partnerships and acquisitions are expected to strengthen and expand ALVARA’s market position in the DACH region.
In 2019, ALVARA Cash Management Group AG is focusing on its international orientation. The first step for this is to expand its presence in Switzerland and Austria. The Leipzig solution house for optimized cash management is building on the successful milestones from the previous year.
“After the sale to Silver Investment Partners in the autumn of 2018, we want to continue growing,” explains ALVARA Chairman Bernd Hohlfeld. “Especially in times of digital transformation, it is important to maintain and expand a future-oriented strategy and competitive position in the market.”
ALVARA’s international orientation is therefore a logical next step in venturing beyond the borders of Germany. Since as early as 2006, the innovative solution provider has counted retailers and value service providers from Switzerland and Austria among its customers.
“By intensifying our partnerships on-site, we also plan specific acquisitions to establish ALVARA strongly in the respective countries from the outset,” Hohlfeld adds. “Our customers in Austria and Switzerland expressly welcome this step, as they will soon have an ALVARA contact person on site.”