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Dealer IT group chooses AIM listing

Germany's Incadea has joined London’s Alternative Investment Market.

The £16m turnover group provides software to car dealers and its applications for managing stock are recommended by a number of leading brands, including BMW and Volkswagen.

Although it operates in 78 countries, Incadea has no business in Britain and is focused on growth in emerging markets. But it still chose AIM for its £38 million listing.

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