KPS AG

M&A Activity • Feb 12, 2018

News Details

Corporate | 12 February 2018 09:00

KPS AG: Envoy Digital Ltd. becomes part of KPS AG

DGAP-News: KPS AG / Key word(s): Takeover

12.02.2018 / 09:00

The issuer is solely responsible for the content of this announcement.

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Envoy Digital Ltd. becomes part of KPS AG

London/Munich, 12. February 2018 – KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), the European market leader in digital transformation for retail, takes over Envoy Digital Limited, one of the leading agencies for omnichannel e-commerce in the United Kingdom. The takeover continues the international expansion strategy of KPS AG and extends its leading market position as a consultant for digital transformation in Europe.

Envoy Digital Limited was founded in 1997, and today it is one of the leading e-commerce agencies in the United Kingdom and a renowned implementation partner for SAP Hybris. The e-commerce pioneers contribute a track record of experience in more than 200 customer projects, are an SAP Partner Centre of Expertise, and are particularly committed to certification of processes and employees, and high-quality systems. Envoy Digital achieved SAP Hybris Gold Partner status in 2017 and won the SAP Partner Excellence Award 2017 in acknowledgement of their quality and performance. Furthermore, the performance-oriented approach of the British specialists places consumers at the center and secures a competitive advantage for customers in the omnichannel space. Envoy Digital uses SAP Hybris to connect in-store and online shopping, creating a joined-up customer experience at all touchpoints. The customers of Envoy Digital include Dreams, UK’s leading bed retailer, OFFICE shoes and L.K.Bennett, a leading fashion company in the luxury segment. It is notable that Envoy generates around 50 % of its turnover through the takeover and successful realization of critical projects that had previously grounded to a halt in the hands of competitors.

“With Envoy Digital we take our internationalization strategy to the next level. As a leading consulting partner for digital transformation, we are continually increasing speed and efficiency in all our projects with the KPS Rapid Transformation Method. The areas of expertise held by Envoy Digital optimally complement the service portfolio of KPS. In this constellation, we have a significant advantage compared with the competition and will be able to successfully make use of opportunities arising from changes in political and business framework conditions,” said Leonardo Musso, Chief Executive Officer of KPS AG.

“It is our ambition to offer our customers long-term and reliable state-of-the-art e-commerce services. KPS and Envoy Digital are united by the vision of always providing the best quality service for each individual customer. This is already highlighted very clearly by the focus on best practice, high-end development work and project governance of both companies. We will continue to offer outstanding support to our customers implementing their global digital initiatives, also after Brexit,” commented Barnaby Moffat, one of the managing shareholders and founders of Envoy Digital Limited.

A confidentiality agreement has been established between the parties about the modalities of the takeover.

About KPS

KPS is Europe’s leading transformation partner for companies wanting to radically realign their business to make it customer centric and implement innovative digital processes within a very short time. We work with companies from many different industries and support them from strategy consulting and sector-specific process chains right through to implementing cutting-edge technologies – all from a single source. KPS consultants are highly skilled in viewing a company holistically: They combine ERP processes with B2B and B2C e-commerce and customer-oriented marketing & sales processes. With integrated data management and targeted analyses, KPS creates emotional brand loyalty through unique customer experiences across all channels and regional borders. Particularly in a digital world focused on the customer, the ability to manage a company in an agile fashion is a key competitive advantage. The KPS rapid transformation method accelerates projects by up to 50 percent, and the extensive project experience of KPS consultants, along with their in-depth knowledge of the individual sectors, guarantees the success of each and every project initiative. KPS is part of a successful partner network and an SAP Gold Partner, SAP Hybris Platinum, Adobe Business, Intershop Premium, SAP ARIBA as well as an SAP Concur Customer and Implementation Partner. With around 1,000 consultants in 12 countries, KPS is expanding its global market position through ground-breaking projects in digital and technological change. Visit us at www.kps.com .

About Envoy Digital

One of the most trusted e-commerce agencies, Envoy brings together in-store and on-line, powered by SAP Hybris. Envoy Digital are experts in the e-commerce space, specialising in accelerating omnichannel commerce growth with SAP Hybris. Founded by brothers Barnaby and Branwell Moffat, the company boasts over two decades of retail and B2B commerce experience, maintaining highly positive client partnerships with the likes of Dreams, OFFICE Shoes and L.K.Bennett. The many long relationships with its clients demonstrates the company’s commitment to delivering a truly outstanding quality of service. Envoy is a collection of talented people with a passion for e-commerce and a love of the craft, the company’s quality-driven culture attracts some of the best Hybris consultant talent available. Clients see the same level of passion from Directors through to Developers and work with these very same people from pitch through to delivery. In recognition of its commitment to quality and capability, Envoy is proud to have been credited as an SAP Partner Centre of Expertise and to have been awarded prestigious SAP Hybris Gold Partner status, alongside winning a 2017 SAP Partner Excellence Award. Fuelled by the significant growth of its client base, Envoy continues to expand its Hybris commerce capacity and capability. www.envoydigital.com

Contacts:

KPS AG

Beta-Straße 10H

85774 Unterföhring

Germany

Tel.: +49 (0) 89 356 31-0

Fax: +49 (0) 89 356 31-3300

E-Mail: isabel.hoyer@kps.com

CROSS ALLIANCE communication GmbH

Susan Hoffmeister

Freihamer-Straße 2

82166 Gräfelfing/Munich

Germany

Tel.: +49 (0) 89 898 272-27

Email: sh@crossalliance.de

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12.02.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	KPS AG
	Beta-Str. 10 h
	85774 Unterföhring
	Germany
Phone:	+49 (0)89 356 31-0
Fax:	+49 (0)89 356 31-3300
E-mail:	isabel.hoyer@kps.com
Internet:	www.kps.com
ISIN:	DE000A1A6V48
WKN:	A1A6V4
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

End of News	DGAP News Service