Haufe-Lexware is a German media group operating in business, law, and tax. The company was founded as Rudolf Haufe Verlag in 1934 in Berlin.
Analysis & Key Developments
Financial
The Haufe-Lexware group closed fiscal 2013 (ending June 30) with a spike in revenue from 218 million EUR in 2013 to 251 million EUR despite losses reported by some businesses. Group revenues continued to grow due to new digital services and the early implementation of a digital strategy, culminating in 95% of corporate revenue from digital solutions. CEO Markus Reithwiesner expects to raise revenue to 266 million EUR in fiscal 2014.
Ownership, mergers & acquisition, internal organization
During fiscal 2013, Haufe acquired Schäffer-Poesche, a Stuttgart-based publishing house specializing in legal, economics and taxes. Haufe invests 16 – 20 million EUR annually in new technologies .
International
In early 2014, Haufe opened a new office in San Francisco (Silicon Valley) to introduce their products to the US market.
Earlier Developments
Financial
The Haufe-Lexware group closed fiscal 2012 ending June 30, 2012 with a revenue increase of 218.2 million EUR, up from 206.5 million EUR in 2011.
Ownership, mergers & acquisition, internal organization
In summer 2012, the group announced the incorporation of EDV-Software-Service (ESS), a leading consulting company for the real estate industry. Haufe-Lexware also continued to expand its B2B business by acquiring Semigator, an e-procurement company that provides the largest German-speaking online marketplace for advanced education. In January 2013, the managing director Birte Hackenjos was designated as COO. Hackenjos worked for Haufe for fifteen years and will restructure project management to create flexible project teams.
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