In a strategic move, the Duo&Co Group, one of the largest digital marketing holdings in Latin America, announced the acquisition of Box Martech, agency specialized in strategies and technologies for e-commerces, based in Maringá (PR). The transaction, valued at around R$ 1 million, aims to strengthen the conglomerate's presence in the digital market, with the expectation of reaching a revenue of R$ 50 million by the end of 2024
With the incorporation of Box Martech, Duo&Co Group adds 20 new clients to its portfolio, totaling 270 partners. Furthermore, Raphael Oliveira, co-founder of Box Martech, will assume the position of Head of E-commerce in the group, bringing your expertise to drive the growth of the segment
John Brognoli, CEO of the Duo&Co Group, highlighted the importance of the acquisition for the expansion of operations. The martech and e-commerce sector has been growing exponentially. We saw in Box Martech a great competence and a significant opportunity to expand our operations. With this acquisition, we are confident that we will consolidate the Duo&Co Group as the leading and most comprehensive digital business holding in the country, stated
The acquisition takes place at a time of recovery and expansion of e-commerce in the post-pandemic period. Data from ABComm indicates that the sector is expected to generate over R$ 205 billion in Brazil by the end of 2024
Raphael Oliveira, new Head of E-commerce at Grupo Duo&Co, expressed optimism about the merger. "The strategic partnership raises management standards and allows us to offer our services on a national scale". We are excited about the opportunities that the merger brings and confident that we will reach new levels of revenue and business expansion, commented
History of Duo&Co Group
Founded in early 2023, The Duo&Co Group was created with the aim of prospecting business in the area of communication and digital marketing. Currently, the holding includes the agencies Duo Studio and Start BI, from Caxias do Sul (RS); Premium, from Rondônia (RO); Digital Consulting and Let’s Flow Digital, from São Paulo (SP); and Conexorama, from Santa Catarina (SC), in addition to other businesses in the digital segment
