DdD retail A/S merges with German competitor and is now among the biggest suppliers of IT solutions to fashion retailers
The Danish DdD retail A/S, with more than 20 years of development of cash registers and stock controlling for fashion retailers, has as of 1st of April merged with the German NTS Systemhaus GMBH (better known as COWIS.net). NTS has, as DdD, specialized in supplying IT solutions for retail customers all over Europe. With the merge DdD retail has more than 1600 customers and 2500 installations in more than 10 countries and is now among the biggest suppliers of IT solutions for fashion retailers in Europe. Today DdD retail has local offices in Denmark, Germany, Sweden and Norway and the international ambitions do not stop here.
”The merger with NTS Systemhaus, and the establishment of the subsidiary DdD retail Germany AG, gives us not only the businesses and a strong customer portfolio in Germany but also highly qualified employees with special competences within our area. It means that DdD retail in the future will be able to deliver a wider range of products based on an even better technology platform and in such we are very well prepared for further expansion internationally”; says Peder Falck CEO since 2007.
The company, that since 1989 has delivered IT solutions for retail customers all over Europe, is – despite the crisis – in strong growth. The turnover, before the merge with NTS, is grown with an average of 26 percent per year since 2003. With the merger DdD retail now employs 40 people in 4 countries so far.