ALVARA grows under the umbrella of the CMH: Takeover of ZEISER Software
Supported by its investor Silver Investment Partners (SIP), ALVARA Cash Management Group AG continues to grow together with the CMH. The acquisition of the software division of ZEISER GmbH (ZEISER Software) continues the sustainable growth course of the CMH, to which ALVARA has also belonged since 2018.
Leipzig, May 27, 2019 - As part of the CMH GmbH, the Leipzig-based cash specialist ALVARA Cash Management Group AG continues to grow. With the support of its majority shareholder Silver Investment Partners (SIP), the CMH, to which ALVARA has belonged since 2018, acquires the software division of ZEISER GmbH (ZEISER Software), a leading provider of software solutions for serialization and track & trace applications.
The market for track & trace solutions offers great growth potential. With ZEISER Software’s innovative technology and product platform, the Group can benefit even more from this potential and drive its development towards becoming the pan-European market leader.
“ZEISER Software is ideally suited to ALVARA and the CMH due to its complementary product range. Together we can enter new markets, expand our customer base and accelerate the market entry of innovative software solutions,” says Bernd Hohlfeld, Board of ALVARA and CEO of CMH. “The merger is the next logical step in the further development of our group.“
Following the carve-out from ZEISER GmbH, the software division of ZEISER Software will operate as an independent company named SeriSoft GmbH. Under the umbrella of CMH, SeriSoft will strengthen the software specialists for cash management ALVARA Cash Management Group, SAFELOGY SAS and MLSA SAS. Together with the experienced management team, Dr. Stefan Öing, currently site manager of ZEISER Software, is responsible for the operative business as CEO of SeriSoft.
“Being part of CMH opens up completely new perspectives for us – both financially and in terms of sales,” says Dr. Stefan Öing, CEO of the new company SeriSoft. “With the expertise and resources of the Group, we can professionalize the distribution of our products and sustainably expand our market position.”
ZEISER Software has more than 20 years of experience in the development of secure product serialization and track & trace software solutions. The division is part of ZEISER GmbH (formerly Atlantic Zeiser), which, since 2002, has been part of Orell Füssli Group, the official printing company of Swiss banknotes. The applications of ZEISER Software are used in the personalization of ID documents and chip cards, tracking and tracing of sheets in banknote printing, grey market control of products in the cosmetics market and in the pharmaceutical sector for the database-driven tracking of medicines throughout the entire supply chain. With its customizable software solutions, ZEISER Software is thus very well positioned in promising industries such as the pharmaceutical market and the market for brand protection solutions. The flexible approach makes it possible to efficiently adapt the software solution to different industry requirements and offers broad development opportunities.
The customers of ALVARA Cash Management Group AG will noticeably benefit from the diverse synergy effects.