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All for One Group SE — M&A Activity 2009
Apr 23, 2009
27_rns_2009-04-23_aa399f63-11ae-4542-9509-7003d0ea9599.html
M&A Activity
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News Details
Ad-hoc | 23 April 2009 10:32
All for One Midmarket AG Plans Divestiture
All for One Midmarket AG / Disposal/Letter of Intent
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
All for One Midmarket AG Plans Divestiture
Intention to sell holdings in AC-Service (Schweiz) AG / Bidding process
with selected prospective buyers / Focus on strategic industry segments to
strengthen profile as SAP full service provider / Greater leeway for
acquisitions
Filderstadt, 23 April 2009 - All for One Midmarket AG, a leader in both the
manufacturing and supplier industry and among service providers in the SAP
midmarket segment in countries where German is spoken, is planning to sell
its 95% interest in AC-Service (Schweiz) AG. This company based in
Wettingen near Zürich operates primarily in the field of managed services
for Swiss health care and public sector entities. AC-Service (Schweiz) AG
has a staff of 71 employees and posted sales equivalent to some EUR 13
million in the financial year 2008.
After carefully sounding out the market for buyers, the management board
decided to sell all of the interests that All for One Midmarket AG holds in
AC-Service (Schweiz) AG. The shareholdings are to be sold as part of a
bidding process with selected prospective buyers. The company intends to
sign a related share purchase agreement in the coming months. The sale of
these business operations, which lie outside All for One Midmarket AG's
strategic industry segments, will help further reinforce the company's
profile as a leading SAP full service provider in countries where German is
spoken. On the Swiss SAP market for small and mid-sized businesses All for
One Midmarket AG will further operate through its subsidiary Process
Partner AG, St. Gallen, whose activities will be expanded. The planned
divestiture should also give the company greater leeway for acquisitions in
core business areas such as outsourcing and the SAP midmarket business.
Information and Explaination of the Issuer to this News:
About All for One Midmarket AG
All for One Midmarket AG which operates primarily in Germany, Austria and
Switzerland, is an industry focussed IT full-service provider for the
mid-size business market. Market observers rank All for One amongst the
leading players in the German-language SAP midmarket segment. The Group
features established brands including All for One, AC, Process Partner, KWP
and serves over 1,000 clients. Its portfolio comprises end-to-end solutions
along the whole of the IT value chain - from SAP industry solutions for the
midmarket to outsourcing services and application management. All for One
Midmarket AG pursues a clear growth strategy and achieved a Group turnover
of EUR 85.2 million in 2008.
All for One Midmarket AG is listed in the Prime Standard segment of the
Frankfurt Stock Exchange (ISIN DE0005110001, WKN 511 000) and is a
subsidiary of BEKO HOLDING AG, which owns approximately 58% of its stock.
www.all-for-one.com/english
Contact:
All for One Midmarket AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, eMail
[email protected]
23.04.2009 Financial News transmitted by DGAP
Language: English
Issuer: All for One Midmarket AG
Gottlieb-Manz-Straße 1
70794 Filderstadt-Bernhausen
Deutschland
Phone: +49 (0)711 78 807-260
Fax: +49 (0)711 78 807-222
E-mail: [email protected]
Internet: www.all-for-one.com
ISIN: DE0005110001
WKN: 511000
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service