Paris, February 21, 2020. The strategy, development and leadership consulting firm Neovian Partners has accompanied Koden by carrying out the Strategic Sales Due Diligence as part of the restructuring of its capital.
Founded in 1998, Koden is the French leader in the sale and financing of printing systems solutions, document management, IT and communication. With 700 employees in nearly 50 locations in France, Koden now has a turnover of 170 million euros.
Through this operation, Koden aims to grow with nearly 2,500 employees,and reach 600 million euros in annual sales.
In order to best support Koden, Neovian Partners carried out a strategic review of the group,with the aim of analysing the evolution of its business model and the effectiveness of its strategy in France. This responds to Koden’s desire to expand into new markets such as communication telephony and document management, but also to consolidate and expand its customer base.
Neovian Partners was able to use its expertise and long experience in the printing industry to carry out this mission. The team was led by Kevin Bailey, Associate Director.
“The union of these two companies will profoundly reshape the French market for local services in printing, document management, IT and telephony, thus allowing the emergence of a leading player, with a complete service offer, aimed at small and medium-sized enterprises throughout the country.”
Kevin Bailey, Associate Director.