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MBB SE Regulatory Filings 2011

Aug 1, 2011

279_rns_2011-08-01_3850342d-9b73-43f5-8d97-2781f84009eb.html

Regulatory Filings

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News Details

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


01.08.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.

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

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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