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DGAP-News: JDC Group AG: JDC subsidiary Jung, DMS & Cie. acquires investment pool KOMM

DGAP-News: JDC Group AG / Key word(s): Miscellaneous


JDC Group AG: JDC subsidiary Jung, DMS & Cie. acquires investment pool KOMM


11.04.2019 / 08:00



The issuer is solely responsible for the content of this announcement.



JDC subsidiary Jung, DMS & Cie. acquires investment pool KOMM

- Jung, DMS & Cie. has acquired a 100% stake in the Stuttgart investment pool KOMM Investment & Anlagenvermittlungs GmbH

- Bolstering Jung, DMS & Cie.'s investment business

- JDC adds roughly 250 sales partners through KOMM, along with around 550 million euros in assets under administration

- Going forward, the new JDC subsidiary and its sales partners will be able to use all JDC programs and tools such as the company's proprietary client and contract administration program iCRM as well as many other assets



The JDC, DMS & Cie. parent company, JDC Group AG, announced several months ago its intention to forge ahead with the consolidation of the broker pool market. Its first small but smart investment is the Stuttgart broker pool KOMM. To bolster JDC's investment business, Jung, DMS & Cie. AG acquired 100% of the shares in KOMM Investment & Anlagenvermittlungs GmbH based in Stuttgart. The acquisition was promptly finalized. KOMM's new Managing Director is Oliver Lang, the board member at Jung, DMS & Cie. AG with responsibility for the investment business.
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