Mensch und Maschine Software SE — M&A Activity 2001

Feb 21, 2001

News Details

Ad-hoc | 21 February 2001 08:13

Ad hoc-Service: Mensch und Maschine english

Ad-hoc announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– – Swiss competitor joins the M+M group – Deal doubles M+M’s market volume in Switzerland Wessling, February 21, 2001 – Neuer Markt-listed Mensch und Maschine Software AG (M+M) continues to expand its market position as a leading European supplier of CAD solutions. The Zurich-based M+M subsidiary will be merged with former competitor CAD Distribution AG, Basle/Lausanne, with immediate effect. This deal is expected to double M+M’s market volume in Switzerland (currently DM 12 million) in 2001. The merger will be effected by way of a share swap between the M+M group and CAD Distribution AG’s founder and sole owner, Peter Bachmann, who will head the merged operations in Switzerland going forward. Mr Bachmann will own approx. 4% of M+M’s shares following the swap. end of Ad hoc-announcement, (c) DGAP 21.02.2001 ———————————————————————– WKN: 658 080; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 210813 Feb 01