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Allgeier SE
M&A Activity • Dec 1, 2020
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M&A Activity
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News Details
Ad-hoc | 1 December 2020 18:45
Allgeier SE: Acquisition in the Enterprise IT division
ALLGEIER SE / Key word(s): Takeover
Allgeier SE: Acquisition in the Enterprise IT division
01-Dec-2020 / 18:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Munich, December 1, 2020 – Allgeier SE (ISIN DE000A2GS633, WKN A2GS63), Munich, announces: Today, Allgeier Enterprise Services AG, Bremen, via a subsidiary, signed a purchase agreement to acquire the shares of publicplan GmbH, Düsseldorf. With a turnover of almost EUR 10 million and around 80 employees, publicplan GmbH is an expert in the digitization of public administration and e-government. The focus is on open source-based software solutions with a range of services from consulting and development to maintenance and support of software solutions tailored to the needs of public administration. With the acquisition of publicplan GmbH, Allgeier is further expanding its range of services for the digitization of public administration in the e-government sector.
The acquisition is subject to antitrust clearance and other closing conditions. The execution of the purchase agreement is expected within the next four to six weeks. The purchase price amounts to a low double-digit million Euro amount. The founder and managing director of publicplan GmbH, Dr. Christian Knebel, who was already a shareholder of publicplan GmbH before the sale, will in future continue to hold a 20 percent stake in the company as part of the acquisition.
Contact:
Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Große
Einsteinstraße 172
81677 Munich
Phone: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: [email protected]
Web: www.allgeier.com
01-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | ALLGEIER SE |
| Einsteinstraße 172 | |
| 81677 München | |
| Germany | |
| Phone: | +49 (0) 89 – 99 84 21 0 |
| Fax: | +49 (0) 89 – 99 84 21 11 |
| E-mail: | [email protected] |
| Internet: | http://www.allgeier.com |
| ISIN: | DE000A2GS633 |
| WKN: | A2GS63 |
| Indices: | CDAX |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1152036 |
| End of Announcement | DGAP News Service |