TechnologyHanse Orga Becomes Main Shareholder of cogon

Hanse Orga Becomes Main Shareholder of cogon

Through the acquisition of the majority share of cogon, a consulting and software firm for electronic banking and cash management solutions, Hanse Orga extends its product range by specialised payment solutions. With this step, the joint resources will be put to optimal use and the portfolio of the Hanse Orga solutions is developed further to the benefit of the customers.

cogon will continue in the market as a separate enterprise but will form part of the Hanse Orga Group. Michael Scholz, shareholder and member of the board of cogon, will leave the company in the course of the organisational changes and take on new challenges.

Sven Lindemann, chief executive officer (CEO) of Hanse Orga, said: “With our involvement in cogon we will create positive synergies for customers who will benefit from the long-standing expertise and the holistic approach of the two companies. The solutions of cogon have received several awards and are a perfect addition to our differentiated and international product portfolio.”

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