Realtech AG

M&A Activity • Jun 28, 2011

News Details

Ad-hoc | 28 June 2011 16:07

REALTECH AG: Sale of Spanish subsidiary

REALTECH AG / Key word(s): Disposal

28.06.2011 16:07

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Walldorf, June 28, 2011. On June 28, 2011, REALTECH AG sold its Spanish
subsidiary REALTECH system consulting S.L., Madrid as part of a management
buy-out (MBO). REALTECH Spain will continue to operate under its current
name until 2016. The sale is related to the earnings situation at REALTECH
Spain and thereby serves to directly improve the profitability of the
REALTECH Group. The contractually agreed sale price for REALTECH system
consulting S.L. is EUR 2.7 million.

As part of the MBO, REALTECH AG has concluded a trademark licensing and
cooperation agreement with REALTECH Spain. This agreement regulates future
close collaboration and ensures that worldwide contractual obligations
towards customers and partners will be implemented and fulfilled with no
restrictions.

Contact person:
Volker Hensel
Investor Relations
REALTECH AG, 69190 Walldorf
Tel.: +49 6227 837 500
Fax: +49 6227 837 9134
investors@realtech.com
www.realtech.com

28.06.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: REALTECH AG
Industriestraße 39c
69190 Walldorf
Deutschland
Phone: +49 (0)6227 837-500
Fax: +49 (0)6227 837 9134
E-mail: investors@realtech.com
Internet: www.realtech.com
ISIN: DE0007008906
WKN: 700890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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