DG Nexolution eG, which was founded over 100 years ago as DG Verlag, today develops innovative services and products for the National Association of German Cooperative Banks (Volks- & Raiffeisenbanken), as well as for the goods and services cooperatives and companies in the association – but also beyond. As early as 2022, DG Nexolution had acquired a stake in the Swiss start-up as part of a strategic investment to jointly drive forward the development of sustainable means of payment. The establishment of a joint company dedicated to managing global production and marketing now comes as the logical next step. Peter Erlebach, Chairman of the Board of DG Nexolution, said, "We are proud to explore new horizons. This includes expanding the range of services offered by the DG Nexolution group. With COPECTO GmbH, we are opening up a multitude of possibilities to meet the needs of our customers, especially in the field of sustainability, and continue the success story of the DG Nexolution group."
Same goals: Success through change
Dr. Oliver Kläusler, CEO of Swiss Wood Solutions AG: "Our two companies are united by the same mission: to develop sustainable solutions that simplify processes, make them more sustainable and generation-friendly, bring about change and tap market potential." The Swiss business and technology incubator Swiss Wood Solutions has been developing sustainable wood-based products since its inception, subsequently spinning off related business models, technologies and products. Together with Raiffeisendruckerei GmbH from Neuwied, which will take over card production for the Timbercard®, DG Nexolution has also been working on scaling sustainable payment products for years. With this cooperation, both companies are now taking the next step.
Own team at DG Nexolution headquarters
The newly established company will be based at DG Nexolution's premises in Wiesbaden. In the next few weeks, COPECTO will present its core product, the Timbercard®, to the public and start international marketing.
