GFT expands: IT group acquires targens from LBBW

23 February 2023

IT group strengthens itself by adding expertise in the fast-growing fields of compliance and digital innovation

Visual announcement of targens becoming part of GFT with a purple and blue gradient background featuring arrow patterns.
Key visual announcing the acquisition of targens by GFT. The image features a purple and blue gradient background with arrow patterns and the text "targens becomes part of GFT", highlighting the strategic expansion and integration of services under the GFT brand.
Marika Lulay
CEO
GFT

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  • GFT expands: IT group acquires targens from LBBW

    GFT Technologies SE (GFT) is acquiring 100% of shares in targens GmbH, an expert consultancy for banking, compliance and digital innovation, from Landesbank Baden-Württemberg (LBBW). The transaction is subject to antitrust approval and is expected to be closed in early Q2 2023.