Wolters Kluwer sells German consumer tax business for €40 million
1 report, 1 independent
Updated Oct 30
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What happened
Wolters Kluwer signed an agreement to sell its German consumer tax business, Wolters Kluwer Steuertipps GmbH, to Buhl Data Service GmbH for €40 million. The transaction is expected to close in the next few days. Wolters Kluwer Steuertipps GmbH had gross revenues of approximately €30 million in 2026, according to reports.
From manilatimes.net
Why it matters
The sale allows Wolters Kluwer Tax & Accounting to sharpen its strategic focus on professional markets. Wolters Kluwer is a global leader in information solutions and software, serving customers in over 180 countries.
Wolters Kluwer, H&R Block, and Avalara are recognized as industry leaders in tax technology.
From manilatimes.net