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CENIT AG
M&A Activity • Mar 22, 2017
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M&A Activity
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News Details
Ad-hoc | 22 March 2017 13:18
CENIT AG takes over French software implementation specialist Keonys
CENIT AG / Key word(s): Takeover
22-March-2017 / 13:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
CENIT AG takes over French software implementation specialist Keonys
Stuttgart, 22 March 2017 – CENIT AG, Stuttgart, (ISIN: DE0005407100) today concluded a purchase agreement concerning the acquisition of all shares in Keonys S.A.S., Paris, one of Europe’s leading reference partners for software integration in the areas of Product Lifecycle Management (PLM) and 3D design based on the software products of Dassault Systèmes. CENIT will finance the purchase price of roughly EUR 6 million from existing cash and cash equivalents. The acquisition is subject to various conditions precedent.
Contact:
Investor Relations
Tanja Marinovic
Telefon: +49 (0) 711 – 78 25 3320
Fax: +49 (0) 711 – 78 25 44 4320
E-Mail: [email protected]
22-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | CENIT AG |
| Industriestraße 52 – 54 | |
| 70565 Stuttgart | |
| Germany | |
| Phone: | +49 (0)711 78 25 – 30 |
| Fax: | +49 (0)711 78 25 – 4000 |
| E-mail: | [email protected] |
| Internet: | www.cenit.com |
| ISIN: | DE0005407100 |
| WKN: | 540710 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |