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Nemetschek SE
M&A Activity • Jan 4, 2016
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M&A Activity
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Corporate | 4 January 2016 13:16
Nemetschek successfully concludes acquisition of Solibri and relinquishes non-strategic interest in Glaser
DGAP-News: Nemetschek AG / Key word(s): Takeover/Disposal
2016-01-04 / 13:16
The issuer is solely responsible for the content of this announcement.
Corporate News
Nemetschek successfully concludes acquisition of Solibri and relinquishes non-strategic interest in Glaser -isb cad-
– Software group thus continues with clear focus on international growth strategy
Munich, January 4, 2016 – Software provider Nemetschek AG (ISIN 0006452907) concludes its acquisition of 100% of the shares of Solibri Oy, based in Helsinki, Finland, as announced on December, 18. Solibri is a globally leading and internationally aligned provider of software solutions for the quality assurance and quality control of Building Information Modeling (BIM), the digital work method for designing, constructing and operating buildings. Solibri’s solutions will have a central position in the Nemetschek Group’s solution portfolio and connect all brands and their products by means of an integrated and holistic workflow. Solibri was consolidated as of January 1, 2016.
Nemetschek AG has sold its 70% interest in Glaser -isb cad- Programmsysteme GmbH, headquartered in Wennigsen, Germany, to the CEO of Glaser -isb cad-. The company, which had been part of the Nemetschek Group since 1998, develops and distributes CAD program systems for structural engineering. With the sale of the shares of Glaser -isb cad-, the Nemetschek Group is consolidating its activities in the area of CAD engineering solutions in the 100%-owned subsidiary Allplan. The sales price for the shares amounts to EUR 2 million. Glaser -isb cad- with revenues of around EUR 2.3 million in 2015 was deconsolidated as of December 31, 2015.
“With the acquisition of Solibri and the sale of our interest in Glaser -isb cad-, we are further focusing our strategic alignment. This centers on growth, internationalization, innovation and the creation of synergies within our solution portfolio. In this way, we will further extend our market position as a globally leading Open BIM company,” says Patrik Heider, Spokesman and CFOO of the Nemetschek Group.
For further information on the company, please contact:
Nemetschek Group
Stefanie Zimmermann
Investor Relations
+49 89 92793 1229
About the Nemetschek Group
The Nemetschek Group, Munich, is a globally leading software provider for the AEC (Architecture, Engineering, Construction) industry. With its 12 brands, the Nemetschek Group now serves more than 1.8 million users in 142 countries from more than 50 locations worldwide. Founded in 1963 by Professor Georg Nemetschek, the company focuses on innovations such as Open Building Information Modeling (Open BIM) for the AEC market of tomorrow. Publicly listed since 1999 and quoted on the TecDAX, the company achieved revenue of EUR 218.5 million and an EBITDA of EUR 56.8 million in 2014.
2016-01-04 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English |
| Company: | Nemetschek AG |
| Konrad-Zuse-Platz 1 | |
| 81829 München | |
| Germany | |
| Phone: | +49 (0)89 92 793-0 |
| Fax: | +49 (0)89 927 93-5200 |
| E-mail: | [email protected] |
| Internet: | www.nemetschek.com |
| ISIN: | DE0006452907 |
| WKN: | 645290 |
| Indices: | TecDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart |
| End of News | DGAP News Service |