DGAP-Adhoc: ALLGEIER SE: Allgeier divests b+m Informatik AG

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Dec 23, 2015 at 10:00 AM

DGAP-Adhoc: ALLGEIER SE: Allgeier divests b+m Informatik AG subsidiary

ALLGEIER SE / Key word(s): Mergers & Acquisitions 23.12.2015 15:48 Dissemination of an Ad hoc announcement according to Â§ 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, December 22, 2015 - Allgeier IT Solutions GmbH, a subsidiary of Allgeier SE (ISIN DE0005086300, WKN 508630), has today reached agreement with Main Capital Partners, The Hague (Netherlands), concerning the sale of its subsidiary b+m Informatik AG, which has its headquarters in Melsdorf, Germany. A corresponding acquisition agreement has been concluded for this purpose, with the transaction to be concluded prospectively as of the year-end. The core business of b+m Informatik comprises business solutions for the financial sector, where the company offers both standard products and professional services for banks, savings banks and insurance companies. The purchase price will lie within the normal market valuation range for the type of business being sold, and will be paid when the transaction is executed. A single digit amount in millions of euros will accrue to Allgeier from the transaction. The disposal occurs as part of the further focusing and integration within the Allgeier Group in alignment with its core areas. Both parties are convinced that the continuation of the successful business activities of b+m Informatik with its new owner offers an optimal environment for the company's further development and growth. Main Capital Partner is a fast-growing investment, management and consulting company whose core business focuses on the software industry in the Benelux states and Germany, enjoying an extensive network within this area. Allgeier, Main Capital and b+m Informatik are equally open to further cooperation. Contact: Allgeier SE Corporate Communications & Investor Relations Dr. Christopher Grosse Wehrlestrasse 12 81679 Munich Tel.: +49 (0)89/998421-0 Fax: +49 (0)89/998421-11 Email: ir@allgeier.com Web: www.allgeier.com Allgeier SE is one of the leading IT companies for Business Performance today: Allgeier combines the advantages of an international provider with the merits of medium-sized companies with a growth strategy oriented consistently to innovations and future trends, and an integrative business model. Operating divisions, each with their individual specialist or sector-related focal points, work together for more than 3,000 customers from almost all sectors. With a highly flexible delivery model, Allgeier covers the full range of IT services, from on-site and nearshore through to offshore: A strong presence in India ensures flexibility and maximum scalability of the services, supplemented by highly qualified expertise in high-end software development. With more than 6,000 salaried employees and around 1,400 freelance IT experts, Allgeier, as a one-stop shop, offers customers a comprehensive portfolio of solutions and services. Allgeier's customers include globally operating groups as well as innovative medium-sized operations that wish to secure strategic advantages through high-performing IT solutions, intelligent software and flexible personnel services. This high-growth company, which is based in Munich, Germany, operates 100 sites in the German-speaking region, and at further locations in the rest of Europe, as well as in India, Singapore, Mexico and the USA. In 2014 Allgeier generated EUR 428 million of revenue (continued operations), according to preliminary figures. Allgeier SE was ranked first in the LÃ¼nendonk(R) List 2015 of "Leading German medium-sized IT consulting and system integration companies". The Allgeier Experts division ranks among the top three IT personnel service-providers in Germany according to the LÃ¼nendonk(R) 2015 market segment study "The market for recruiting, mediating and managing IT freelancers in Germany". The company is listed on the regular market of the Frankfurt Stock Exchange in the General Standard segment (WKN 508630/ISIN DE0005086300). Further information is available on the company's website at: www.allgeier.com. 23.12.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ALLGEIER SE WehrlestraÃe 12 81679 MÃ¼nchen Germany Phone: +49 (0) 89 - 99 84 21 0 Fax: E-mail: info@allgeier.com Internet: http://www.allgeier.com ISIN: DE0005086300 WKN: 508630 Indices: CDAX Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Decoding CarBravo-Certified vs Traditional Used Cars

What’s Behind Door Number One: CarBravo Certification When you walk onto a car lot these days, it's a mixed bag: shiny badges boasting certifications or basic used car signage. For anyone who's spent time around cars, two types stick out—there’s your CarBravo-certified vehicles and your good ol' used cars. Now, Marissa McCoy and Jill Maniaci from Heidebreicht...

OCI N.V. Secures a Win in Court; EGM Proceeds as Planned

OCI Dodges a Bullet in Amsterdam Court Stepping into the courtroom drama, OCI N.V. just took home a win as the Amsterdam Court of Appeal's Enterprise Chamber gave them a clean bill of health, kicking out the inquiry request from VEB and a bunch of other shareholders. The judges weren't convinced there was anything fishy going on, so they tossed the inquiry petition and...

HelloNation Brings 'Edvertising' to NC REALTORS® Event

HelloNation's Bold Step into Real Estate Networking October 8th to the 11th is shaping up to be a pivotal few days in Wilmington, North Carolina. Here’s the scoop: HelloNation, known for its innovative 'edvertising' model, is joining the bustling crowd at the 2026 NC REALTORS® Convention. This isn’t just any get-together—it's the grandest annual jamboree for real...

C3EL Expands Federal Footprint with Strategic Contracts

Pushing Boundaries in Federal Contracts What a ride C3EL's had in Government Fiscal Year 2026! Let me tell you, they’ve bagged a bunch of contracts that’d make any company’s mouth water. Kicking things off, they snagged a prime cybersecurity contract from the U.S. Air Force. Considering our current cybersecurity landscape, that's like striking gold. But they...

Wally Disrupts Dental Industry with $25M Funding

A New Breath of Fresh Air for Dental Care Dental visits—a tedious, costly affair we've all dreaded. So, when Wally rolls out an overhaul in this stale landscape, it's worth taking notice. With $25 million in their pockets from Series A funding led by Maveron, Wally's swaggering in with a plan to flip the script on dental care across the nation. Redefining the Dental...

Duke Energy's Cost-Protection Plan Shields Ratepayers

Shielding Customers From Data Center Costs Let's get right into the thick of it: Duke Energy's latest move is a strategic one, shrouded in industry terms but with a real impact on regular folks' wallets. The company's agreement with heavyweights like Amazon, Google, and Meta aims to protect existing customers in North Carolina from getting hit with the costs of powering...

Gong, Agentforce, Avoma Crowned 2026 CI Champions

Diving Deep into Conversation Intelligence There's a lot to unpack when three software titans hog the spotlight, and that's exactly what's happening in the world of conversation intelligence this year. It's like we've hit the jackpot with Gong, Agentforce Sales, and Avoma carving out their turf as the 2026 Champions, according to the venerable Info-Tech Research Group....

EMCO's New Automated Facility Could Shake Industry

A Novel Leap in Production Capacity EMCO Industries just put a solid foot on the accelerator with their brand-new, shiny, fully automated plant over in Claremore, Oklahoma. If you're glancing at heavy-duty trailer springs, you can't ignore the fact that this is a multimillion-dollar investment. Heck, this monstrous 30,000-square-foot facility more than doubles what EMCO...

Ornellaia's 2026 Harvest: Adapting to Nature's Whims

A Year Marked by Weather's Unpredictable Dance Nobody said making wine was a walk in the park, and the folks at Ornellaia know better than most how to roll with whatever nature throws their way. The 2026 harvest story is as much about unlocking the secrets of the soil as it is about navigating the quirks of the weather. Situated in Bolgheri, Italy, this year's vintage...

U. of Phoenix and LACCD Launch 3+1 Degree Pathway

Opening the Floodgates for Ambitious Community College Students When it comes to climbing the educational ladder, not everyone starts at the same rung. That's a fact we've all come to terms with in one way or another. Enter the University of Phoenix and the Los Angeles Community College District with a solution to expand educational access. The 3+1 Program: A Cost-Saving...