22.09.2010 – 15:30
Decernis Expands to Germany to Serve European Market
Specialized IT service and data provider Decernis announced today its expansion to Germany in order to better serve its growing number of clients across Europe. The US-based provider of information systems and services tracks product safety compliance issues worldwide. Germany Trade & Invest supported Decernis throughout the investment process.
Headquartered in Washington, D.C., Decernis ( www.decernis.com ) tracks developments in more than 130 countries. Its clients include governmental agencies such as the U.S. Food and Drug Administration (FDA), the European Food Safety Authority (EFSA), and the Organisation for Economic Co-operation and Development (OECD), in addition to food and consumer product makers, raw material manufacturers, laboratories and law firms. Decernis provides information on global food, consumer, and industrial product safety with clients in over forty-five countries. The company evaluated a number of locations and chose its site in Frankfurt, Germany, due to the proximity of current and potential customers as well as the country's highly qualified workforce and legal framework that matched up well with the company's requirements.
Andrew (Pat) Waldo, CEO of Decernis: "We reviewed a number of possibilities in different countries and Germany gave us easy access to our clients and provided us with outstanding workers and a stable investment environment. All of these were key factors in our decision to invest in a new subsidiary in Frankfurt." Decernis can now better access Europe's largest market and benefit from Germany's robust economy. With several large and small companies in the chemical and food and beverage industries in Germany, its pool of potential clients is vast.
The decision to invest in a German location is also a testament to the country's reputation for efficiency and high quality, which is critical for Decernis' activities. When a product recall occurs or a change in applicable requirements is made, new information and alerts must be provided throughout the supply chain to quickly identify and trace affected products. Decernis provides suppliers and customers with product information based on the company's flagship "gComply" systems.
The company was supported by Germany Trade & Invest, HA - Economic Development Corporation of Hessen and Frankfurt Economic Development GmbH, who provided information on legal formation requirements, tax structures, workforce policies and assistance with infrastructure to facilitate the investment decision. Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.
Germany Trade & Invest
T: +49(0)30 200099-173
F: +49(0)30 200099-111
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