EffCom AG merges with the LPA Group
About one year after the acquisition,
the specialist for process automation, document management and securities
solutions EffCom AG is being completely transferred as brand and legal entity
to Lucht Probst Associates GmbH. Since November 2019, the long-established Baden-Württemberg company has already been operating under the umbrella of the
LPA Group, but still under its own name EffCom AG. With the planned merger,
both companies take into account the close cooperation of the last year and
open up the possibility to intensify this even more in the future by
simplifying and synchronizing bureaucratic processes. With this step, the LPA
Group would also like to expressly reaffirm its commitment to the EffCom
management, employees and customers.
Together with EffCom board member Peter
Zugmantel, who will remain on board after the merger as head of the
Ludwigshafen site, the LPA Group is pursuing with great intensity the goal of
becoming the world's leading developer and provider of technology-based capital
market solutions and playing a decisive role in shaping the transformation of
the capital markets.
The purely formal legal act of the
merger has no impact on customers and employees. All current EffCom employees
will in future be employees of Lucht Probst Associates GmbH, which will then
also be the contractual partner for all EffCom AG customers. The product
portfolio around innovative software solutions will also remain unchanged and will in
future only trade under the name of Lucht Probst Associates GmbH.