INCADEA ACQUIRES D.E.C AUTOMOTIVE S.R.L

07/12/2015

Munich, Germany – December 7th 2015 - incadea, a leading provider of international software solutions and services to the global automotive retail and wholesale market, today announced the acquisition of its value added reseller (VAR) partner in Italy, D.E.C Automotive S.R.L (D.E.C). Terms of the agreement were not disclosed.

Exclusively serving the automotive retail industry, D.E.C has been a member of incadea´s channel partner network since 2002, offering incadea’s product portfolio to the Italian automotive dealers and importers. The company has a strong reputation in the local automotive field and brings a successful track record of significant implementation projects.

The transaction significantly strengthens incadea’s direct presence in Italy and offers complementary local industry expertise to the recently established subsidiary incadea Italia. D.E.C will be merged into incadea Italia, with offices in Milan and Trieste.

“Given our close partnership, we've seen firsthand the many benefits of our long term relationship with D.E.C and now look forward to the many opportunities we will have together under our new subsidiary incadea Italia. The combined experience together with incadea’s proven and innovative product portfolio will provide our Italian customers with the opportunity to experience industry leading solutions and services that will enable them to successfully respond to future market challenges”, said Patrick Katenkamp, incadea CEO.

“We are delighted with the opportunity for our employees to be joining incadea Italia. This transaction signifies a new era for our company; being part of incadea group will provide the team with the opportunity to expand our customer portfolio – leveraging the

resources and business know how of a global leader in the automotive market We look forward to be able to bring even more value to our clients and our employees.” said Luciano Coreni, D.E.C CEO.


About incadea
incadea is a leading international provider of software solutions and services to the global automotive retail and wholesale market. Incadea addresses the needs of this industry by offering global solutions with state-of-the-art innovation and local execution capabilities. Products include dealer management, business intelligence, and customer and vehicle relationship management solutions, based on the latest Microsoft Dynamic technology. These are used by multinational car manufacturers, Original Equipment Manufacturers (“OEMs”) and their dealership networks. Headquartered in Germany, incadea has offices in Austria, Greece, Spain, Netherlands, Italy, Turkey, Portugal, Russia, China, Japan, India, Taiwan, Mexico, and New Zealand.

About DEC Automotive S.R.L
Since 1973, D.E.C. has been offering complete and flexible IT solutions to its clients in the automotive market. With over 40 highly specialized employees, it covers the whole of Italy. D.E.C. offers advanced IT services and solutions to Dealers in the Motor Trade, with a ”one face to the customer” philosophy: having one single reference point for the information technology helps Dealers to protect IT investments and save costs and time, allowing them to focus their most important asset: their clients. With its focus on the needs of the user, plus staff who have a deep knowledge of the sector and excellent solutions, D.E.C. fulfils the role of partner for the client, far beyond that of a simple supplier. Renowned brands in the Motor Trade have chosen D.E.C. as IT partner for their Dealer and Authorized Repairer networks.

Contacts
Name : Ioanna Dimopoulou
Email : Ioanna.Dimopoulou@incadea.com
Phone: (49) 152 22836738

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