CANCOM SE — M&A Activity 2004

Dec 30, 2004

News Details

Ad-hoc | 30 December 2004 08:01

CANCOM AG takes over systems integration specialist, ECS ComputerPartner GmbH

Ad hoc announcement §15 WpHG Mergers & Acquisitions CANCOM AG takes over systems integration specialist, ECS ComputerPartner GmbH Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— CANCOM IT Systeme AG takes over systems integration specialist, ECS ComputerPartner GmbH Jettingen-Scheppach, Germany, 30 December 2004 – With effect from 1 January 2005, CANCOM IT Systeme AG will acquire all shares in the Munich-based systems integration company, ECS ComputerPartner GmbH. ECS ComputerPartner GmbH is a company specialising in IT services and solutions. It employs 89 staff at its locations in Munich and Kempten, and is expected to report sales of around EUR 23 million in the current financial year. This acquisition will effectively boost CANCOM’s systems integration business and enable the company to build up a much broader presence in the PC and IT services market. The experienced management team of ECS ComputerPartner GmbH, Munich, will remain with the company, and ensure that its business operations continue smoothly. Both parties have agreed not to disclose the purchase price. The contract of acquisition has been concluded subject to the approval of the companies’ supervisory boards. If you have any queries, please contact: CANCOM IT-Systeme AG Armin Blohmann Investor & Public Relations Messerschmittstrasse 20 D – 89343 Jettingen-Scheppach Germany Phone: +49 (0)8225 996 1051 Fax: +49 (0)8225 996 4 1051 E-mail to: armin.blohmann@cancom.de CANCOM IT Systeme AG Messerschmittstraße 20 89343 Jettingen-Scheppach Deutschland ISIN: DE0005419105 WKN: 541910 Listed: Frankfurt; Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart End of ad hoc announcement (c)DGAP 30.12.2004 300801 Dez 04