Accountor Denmark acquires the accounting activities in Monero ApS and Accos ApS.

Accountor Denmark acquires the accounting activities in Monero ApS and Accos ApS. The companies have a larger customer portfolio within bookkeeping, accounting, financial advice and payroll administration.

The activities fit well into Accountor's services within accounting and finance. With the acquisition, we are expanding our portfolio of accounting clients. Together, we will benefit from Accountor's investments in automated processes. For the past 18 months, Accountor has successfully invested in automated processes will continue this development. Our automated processes ensure our customers high quality, robust processes and competitive prices.

“Accountor has come through the corona crisis well, where our focus over the past six months has been on the bottom line and cash flow. A focus, that has ensured, that we are now ready to grow our top line. The acquisition of the activities in Monero and Acco's is the first step towards further growth, ”says Karsten Heiselberg, CEO of Accountor Denmark.

Rene Johannsen, who sells the activities to Accountor, will move to Accountor, as head of a new team in Accountor's accounting department from 26 October 2020. As head of the new team, Rene ensures that customers in Monero's and Acco's will experience continuity in the service deliveries at Accountor.

Regarding the sale to Accountor, Rene Johannsen says: “I am very much looking forward to becoming part of Accountor. There is synergy all around. Accountor emphasizes the local and close relationship and at the same time has the strength of the large company with robust processes and many skilled accounting and payroll specialists. This is an advantage for our customers. I look forward to the collaboration and to the increase in flexibility when it comes to providing services to our customers and at the same time reducing vulnerability ”.