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KRONES AG M&A Activity 2015

Feb 4, 2015

251_rns_2015-02-04_7ff3185d-3e68-4a6e-a9f3-23cceead351f.html

M&A Activity

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News Details

Corporate | 4 February 2015 14:42

Krones AG: Krones subsidiary Syskron purchases SAP consultancy firm

Krones AG / Key word(s): Acquisition

2015-02-04 / 14:42


Corporate News Release

04.02.2015

Krones subsidiary Syskron purchases SAP consultancy firm

Syskron Holding GmbH, the subsidiary specialising in intralogistics of Krones AG, Neutraubling, Germany, has purchased a 100-per-cent stake in the Triacos GmbH company. By buying Triacos, Syskron Holding is acquiring corporate expertise in consultancy and the implementation of SAP solutions, focusing on production-related and intra-plant logistics, and is now in a position to also offer SAP standard solutions for the beverage industry, in addition to its own software packages. The ability to integrate SAP software solutions is of crucial importance for the development of business models in the context of the “Industry 4.0” concept.

In the 2014 business year, the family-owned Triacos GmbH company, headquartered in Altenstadt an der Waldnaab (Upper Palatinate), achieved a turnover of around 2.0 million euros. At Triacos, 22 SAP specialists concentrate on implementing projects for mid-tier customers in Germany. The purchase price is in the single-digit-million range, with the acquisition coming into force on 2 February 2015.

Your contact person:

Olaf Scholz

Head of Investor Relations at Krones AG

Tel.: +49 9401 70-1169

Email: [email protected]


2015-02-04 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling
Germany
Phone: +49 (0)9401 701169
Fax: +49 (0)9401 709 1 1169
E-mail: [email protected]
Internet: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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319501  2015-02-04