Wolters Kluwer to divest German consumer tax business
The business being sold is expected to generate approximately €30 million in gross revenues in 2026, an unaudited estimate.
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Rhea-AI Summary
Wolters Kluwer (WTKWY) has signed an agreement to sell its German consumer tax business to Buhl Data Service for €40 million. The business, Wolters Kluwer Steuertipps, is expected to have gross revenues of approximately €30 million in 2026, an unaudited estimate.
The transaction is expected to close in the next few days. Wolters Kluwer says the divestment allows its Tax & Accounting business to sharpen its focus on professional markets, where it sees the strongest opportunities for synergies, sustainable long-term growth and returns.
Positive
- Minor pointSigned agreement to sell Steuertipps to Buhl Data Service for €40 million.
- Minor point. Forward-looking: it has not happened yet and may not happen.Wolters Kluwer says the divestment sharpens Tax & Accounting’s focus on professional markets.
Negative
- Minor pointTransaction remains pending completion, with closing expected in the next few days.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Alphen aan den Rijn – October 30, 2026 – Wolters Kluwer, a global leader in information solutions, software and services, announces it has signed an agreement to sell its German consumer tax business for €40 million.
Wolters Kluwer today has signed an agreement to divest Wolters Kluwer Steuertipps GmbH (Steuertipps) to Buhl Data Service GmbH.
The divestment allows Wolters Kluwer Tax & Accounting to further sharpen its strategic focus on professional markets, where we see the strongest opportunities for synergies, sustainable long-term growth, and returns.
Steuertipps is expected to have gross revenues of approximately
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Wolters Kluwer (EURONEXT: WKL) is a global leader in information solutions, software and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2025 annual revenues of
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.
| Media | Investors/Analysts |
| Leon Willems | Meg Geldens |
| Press Lead | Vice President |
| Global Communications | Investor Relations |
| leon.willems@wolterskluwer.com | ir@wolterskluwer.com |
Forward-looking Statements and Other Important Legal Information
This report contains forward-looking statements. These statements may be identified by words such as “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; conditions created by pandemics; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Attachment
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the terms of Wolters Kluwer’s German consumer tax business sale?
Wolters Kluwer has signed an agreement to sell Steuertipps to Buhl Data Service for €40 million. The transaction is expected to close in the next few days.