Nemetschek SE

M&A Activity • Nov 26, 2001

News Details

Ad-hoc | 26 November 2001 08:07

Nemetschek AG english

Nemetschek associate companies IBD and Henke & Partner merge Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Nemetschek associate companies IBD and Henke & Partner merge Munich, November 26, 2001. Nemetschek AG is merging its two subsidiaries IBD GmbH and Henke & Partner GmbH & Co KG to form Nemetschek Bausoftware GmbH, which will be headquartered in Achim near Bremen. The merger between the two companies will become effective on January 1, 2002. Nemetschek AG will hold a 92 percent stake in the new company. As one of the measures initiated by the Board to restructure and realign the Nemetschek Group, the aim behind the merger is to harness the synergies and thus increase the profitability of the Contractor Systems division significantly. These two IT companies have been successful market players since the Eighties. The new company aims to become IT market leader among medium-sized building contractors in the EU and Switzerland. The new company, Nemetschek Bausoftware GmbH, will be headed by three managing directors, all three of whom are from the two companies: Michael Homscheid (Henke & Partner) will be responsible for Services, Ralf-Jürgen Bischoff (IBD) will head Development, and Wolfgang Götz (IBD) will assume responsibility for Marketing and Sales. Contact: Richard Höll, Investor Relations, Nemetschek AG, Konrad-Zuse-Platz 1, D-81829 Munich, Phone: +49 (0)89-9 27 93-1219, Fax: +49 (0)89-9 27 93-5520, investorrelations@nemetschek.de end of ad-hoc-announcement (c)DGAP 26.11.2001 ——————————————————————————– WKN: 645290; Index: Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 260807 Nov 01