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MBB SE — Regulatory Filings 2011
Aug 1, 2011
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Corporate | 1 August 2011 10:24
MBB Industries strengthens IT activities at the DTS group with the acquisition of Eld Datentechnik, Stuttgart
MBB Industries AG / Key word(s): Acquisition
01.08.2011 / 10:24
MBB Industries strengthens IT activities at the DTS group with the acquisition of Eld Datentechnik, Stuttgart
Berlin, 1 August 2011 – MBB Industries AG (ISIN DE000A0ETBQ4), a holding focusing on medium-sized enterprises with sustainable value-added potentials, has concluded another buy-and-build acquisition in the field of IT services for its DTS holding group.
DTS IT AG is based in Herford and has – with a subsidiary and within the scope of an asset deal – assumed all business activities at Eld Datentechnik GmbH in Fellbach. The vendor is the Löffelhardt group. Confidentiality was agreed for the purchasing price and the business transfer is to be concluded by 1 October 2011.
Eld Datentechnik is a distributor for IT infrastructure systems. It has specialised in IP access and storage and operates throughout Germany. Its range of services is also rounded off with IT training and IT consulting. Its activities are built on long-standing customer relationships – some international – and the company is widely known on the market. Marion Sacherl, Manager at Eld Datentechnik for many years, will in future continue to manage the company as the managing director. In 2010, it achieved profitable annual turnovers of around 20 million euros.
With this take-over of another medium-sized company, MBB Industries is continuing its successful acquisition activities within its buy-and-build strategy. It had already added to the DTS group's portfolio in August with the purchase of ICSmedia GmbH in Münster. According to Dr Christof Nesemeier, Chairman of the Executive Board at MBB, the specific range of data-centre services ('second-generation cloud computing'), which very few competitors are able to offer, with the increasing demand for IT infrastructure and the business model that allows itself to be transferred to other regions constitute a good foundation for sustained growth in the value of the DTS group. Eld Datentechnik's and DTS' business models complement each other in many areas. All members within the DTS Group will benefit from the additional know-how and will be able to extend their individual service portfolios. With annual turnovers exceeding 42 million euros, we are now generally expecting to be able to penetrate the market more quickly, which will also produce corresponding growing turnovers over the coming years.'
About MBB Industries AG:
Since 1995, MBB Industries AG has maintained successful holdings in the form of medium-sized industrial companies with sustainable value growth potential. The business model is based on a three-pillar structure, comprising the acquisition of interests at favourable terms, subjecting them to value enhancing holding management, and releasing them in high-yield sales. Right from the start, MBB Industries AG has achieved above-average profitability, and continues to devote its efforts to attaining unusually high yields in the future.
For further information about MBB Industries AG, please visit http://www.mbbindustries.com
End of Corporate News
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| Language: | English |
| Company: | MBB Industries AG |
| Joachimstaler Strasse 34 | |
| 10719 Berlin | |
| Germany | |
| Phone: | +49 (0) 30 844 15 330 |
| Fax: | +49 (0) 30 844 15 333 |
| E-mail: | [email protected] |
| Internet: | www.mbbindustries.com |
| ISIN: | DE000A0ETBQ4 |
| WKN: | A0ETBQ |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart |
| End of News | DGAP News-Service |
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| 133858 01.08.2011 |