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Ctac N.V. — M&A Activity 2007
Jun 1, 2007
3827_iss_2007-06-01_093316a0-cb72-488a-b76d-9fad66b93603.pdf
M&A Activity
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P R E S S R E L E A S E
s-Hertogenbosch, 1 June 2007
Ctac N.V. participation in Belgium , Ctac Belgium BVBA, finalises acquisition of Smart Solutions
SAP- specialist Ctac Belgium BVBA, a 5 0 .0 2 % participation of Ctac N.V., has finalised the earlier announced intended acquisition of 1 0 0 % of the shares in Sm art Solutions N.V. This acquisition will place Ctac among the larger SAP specialists in Belgium.
Smart Solutions will be the sixth business unit to be added to the already existing five business units in Belgium. Smart Solutions will focus primarily on the supply of technical SAP know-how and SAP integration expertise. In addition, Smart Solutions strengthens CtacBelgium in the areas of logistical and financial know-how. Together, Ctac and Smart Solutions will be able to serve their clients with a broader product portfolio.
In 2006, Smart Solutions realised a profitable turnover of around EUR 4.5 million. The acquisition is expected to make a direct contribution to the earnings per share. Smart Solutions currently employs 27 consultants. Smart Solutions will be consolidated as per 1 July. The acquisition price will be paid entirely in freely available cash.
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Profile Ctac
Ctac. Specialist in SAP. Active within the IT and business consultancy, with thorough functional and technical expertise within the Netherlands and Belgium. A prominent SAP Gold Partner and the largest reseller in the Netherlands for medium-sized companies. A respected reseller and best newcomer in the Belgian market for 2006. With a steadily growing portfolio of clients in trade and industry, retail, business services, (semi) government, health care and education.
Ctac offers the complete range of services of implementation, optimisation, hosting and management of SAP systems. Objective: the successful supply of information and process solutions that make a maximum and sustainable contribution to the performance and strategic objectives of clients. In addition, optimal attuning between software, business processes and employees creates the conditions for an effectively operating SAP system. Ctac provides madeto-measure work, whether it is for the implementation of a large-scale project or for a (own) template.
CTAC POWERHOUSE
With Ctac Powerhouse, Ctac is putting a strong business model for a flexible, effective and demand-driven operating method in the market. Various autonomous business units, which supply their own specific speciality sector, service or solution in a streamlined fashion, and at the same time combine their specialties in a single umbrella organisation: powered by Ctac. Ctac Powerhouse represents synergy through cooperation. Fruitful reciprocal cooperation between the business units, resulting in broader competencies and effective innovations. But also successful partnerships with clients, characterised by durability and loyalty. The result is a
future-focused, strong organisation with a broad and at the same time effective market approach and content-driven consultants with a personal commitment, so that Ctac can provide its clients with more added value.
As of 30 March 2007, Ctac employed a 297 strong workforce. Its head offices are in s- Hertogenbosch (the Netherlands).
Ctac is listed on the Eurolist of Euronext Amsterdam and included in Euronext s Next Economy segment.
Profile Smart Solutions
Sm art Solutions NV was founded in 1998 and focuses entirely on SAP consultancy. Over time, Smart Solutions has developed a strong team of mainly technical and logistics SAP experts. As a SAP service partner in the field of Supplier Relationship Management, Product Lifecycle Management and SAP Netweaver, Smart Solutions has realised solutions in the field of invoice automation and document management. In this field, the company has already developed an extensive track record in capturing paper documents, processing electronic documents, automating SAP processes on the basis of these documents and legal data storage. In the field of logistics, Smart Solutions is active in SAP Supply Chain Management with a focus on warehouse management, transport and related processes.
For more information, please contact:
Ctac N.V. Goudsbloemvallei 30 Postbus 773 5201 AT s-Hertogenbosch Tel. + 31 (0)73-6920692 Internet: www.ctac.nl E-mail: [email protected] Contact persons: Wil Huijben - CEO Jan Willem Wienbelt - CFO
| Key dates: | |
|---|---|
| 30 August | 2007 Publication first half results 2007 |
| 15 November | 2007 Publication third quarter results 2007 |
| 13 March | 2008 Publication annual result 2007 |
| 22 May | 2008 General meeting of Shareholders |