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RNS - Allgeier strengthens its presence in the healthcare market

Company: Allgeier SE Date: 2011-08-02 Language: English Register to download

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 News Details

Corporate | 2 August 2011 16:33

#   

Allgeier strengthens its presence in the healthcare market

ALLGEIER HOLDING AG / Key word(s): Acquisition

02.08.2011 / 16:33

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Munich, 2 August 2011 - Munich-based Allgeier Holding AG (ISIN:
DE0005086300; WKN 508630) today signed an agreement with the shareholders
of IT solution provider GEMED Gesellschaft für medizinisches
Datenmanagement mbH, with its headquarters in Ulm, Germany, to acquire all
the shares in the company. The transfer of shares (closing) is dependent on
compliance with the usual contractual terms and is expected to be completed
within the next few days.

Leading IT solution provider for the healthcare market

Through this acquisition of GEMED, Allgeier Group is further strengthening
their service portfolio and opening up new prospects. GEMED, which was
established in 1995, develops, produces and implements modular 'Picture
Archiving and Communication Systems' (PACS) which are used in hospitals,
radiology units and orthopaedic centres. With over 500 systems installed in
Germany and Switzerland, GEMED is a leading speciality supplier.

By joining Allgeier Group, GEMED is gaining access to Allgeier's large
customer base, and will therefore be able to substantially extend their
range of services. The current owners of GEMED will serve as managing
directors in the future.

Extension of the healthcare business

Allgeier already serves some 100 hospitals and medical care centres in
Germany, Austria and Switzerland with IT infrastructure service and IT
security products. Allgeier's document management software Scanview(R) is
used in more than 40 clinics in Germany. With a customer base of some 200
clinics, it is the market leading solution in Belgium and the Netherlands.
What is more, Allgeier's 'Medical Viewer' is an innovative concept for
electronic patient records.

Combined with GEMED's knowledge and solutions, Allgeier will round off the
portfolio they offer to the healthcare market, putting them in a position
to act as a full service provider for clinics.

About Allgeier: 
Allgeier Holding AG, with its headquarters in Munich, is one of the leading
IT consultancy and service companies in the German-speaking countries. With
their IT Solutions, IT Services & Recruitment and Project Solutions units,
Allgeier offers a comprehensive range of services from the initial concept
through implementation to the operation of IT landscapes. Allgeier Group
has 17 operational subsidiaries with over 2,100 employees as well as more
than 1,400 freelance experts serving some 3,000 customers in virtually
every area of the economy. In Germany, the Group runs 52 subsidiaries as
well as 25 offices in Belgium, France, the Netherlands, Austria, Romania,
Sweden, Switzerland, the Czech Republic, India, Mexico and the United
States. During the 2010 financial year, Allgeier achieved sales of EUR
308.7 million. According to Lünendonk's market segment survey in 2010,
Allgeier ranks no. 2 among the medium-sized IT service companies and no. 2
among IT recruitment companies in Germany. The company is listed on the
official market (General Standard) at the Frankfurt Stock Exchange.


Contact: 
Allgeier Holding AG
Dr. Holger von Daniels 
CEO
Wehrlestr. 12
81679 Munich, Germany
Telephone: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: ir@allgeier-holding.de 
Web: www.allgeier.com


About GEMED 
For more than 15 years, GEMED mbH has been active in the field of
processing and archiving medical data and is today a successful RIS/PACS
provider for established radiology units and hospitals across Europe.
Thanks to their team of experienced technicians and software engineers, the
functional scope of the existing GEMED RIS/PACS systems is being constantly
enhanced, adopting the latest technical developments, which are implemented
in an IHE compliant manner. Based on modular system architecture, GEMED-RIS
und GEMED-PACS is scalable and can be ideally adjusted to meet customers'
requirements, from basic solutions to enterprise versions and multi-client,
multi-site ready solutions for associations of clinics. The company, which
has its headquarters in Ulm, has an office at Freiburg and employs some 20
highly-qualified staff.


Contact
GEMED mbH
Wolfgang Schmezer
Managing Director
Ortsstraße 56
89081 Ulm, Germany
Telephone: +49 (0)7304/91916-0
E-mail: w.schmezer@gemed.de
Web: www.gemed.de


End of Corporate News

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02.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:    English                                                
Company:     ALLGEIER HOLDING AG                                    
             Wehrlestraße 12                                        
             81679 München                                          
             Germany                                                
Phone:       +49 (0) 89 - 99 84 21 0                                
Fax:         +49 (0) 89 - 99 84 21 11                               
E-mail:      info@allgeier.com                                      
Internet:    http://www.allgeier.com                                
ISIN:        DE0005086300                                           
WKN:         508630                                                 
Listed:      Regulierter Markt in Frankfurt (General Standard);     
             Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart  
 
 
End of News    DGAP News-Service  
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134104 02.08.2011