With annual revenues of over €30 million and nearly 70 employees, the ATHOME Group specialises in managing outsourced paper and electronic document flows (letters, dematerialised files, e-registered letters). It leads the field in France in the management of critical document flows for property managers and associations of property co-owners.
CORTEX Group, with 37 years of expertise and a strong reputation built on its high-quality services, is the specialist in managing and processing paper and digital documents. Recognised first and foremost for its desktop publishing and hybrid voting solutions, the company also offers flow digitisation solutions for private companies and social housing organisations. CORTEX Group has 250 clients, including key accounts, generating revenues of €10.5 million. It has its main site, spanning 3,000 m2, in Neuilly-sur-Marne (80 people, continuous and page-by-page publishing), together with a 500 m2 site near Aurillac (20 people, automated processing of incoming mail and surveys).
With CORTEX Group on board, ATHOME Group increases its revenues to over €40 million and benefits from a diversified client portfolio (property, industry, banking and insurance, healthcare, services, etc.), an enhanced offering in incoming mail and a major growth driver in digitisation services (archiving, e-invoicing, e-registered letters, electronic signatures, electronic payslips).
"This acquisition forms part of our strategy of growth and market share gains in sectors other than our core business with property co-owner associations, in order to build a group with larger positions in the processing of outgoing flows and broader capabilities on the "incoming" side. It will also accelerate the development of more "dematerialised" outgoing offers, as well as incoming offers, enabling us to provide more solutions to our clients. Lastly, it will create a group with substantial management capabilities and stronger growth in revenues and profitability" - Bertrand FORMISYN, Chairman, ATHOME Group.
"This merger will enable our two companies to pool their production resources, combine their teams' skills and expertise and thus provide all our clients with greater innovation and value" - Philippe MARILL, CEO, CORTEX Group.
