EANS-Adhoc: CompuGroup Medical AG
acquires Ascon Software II B.V. in the
Netherlands
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Acquisition
22.12.2010
CompuGroup Medical Koblenz: Today, CompuGroup has entered into an agreement for the purchase of Ascon Software B.V., based in Echt, Netherlands ("Euroned"). Euroned provides software solutions for the e-Health sector in the Netherlands for doctors and pharmacies. In 2010 the company expects revenues of about 10.8 million euro, with an EBITDA of about 2.8 million euro. With this acquisition CompuGroup enters the healthcare market in the Netherlands and strengthens its business in Europe. The payment for the debt free company will be 15 million euro in cash. The purchase price will be financed through existing credit facilities. The closing of the transaction is scheduled for today.
End of Ad-hoc announcement
end of announcement euro adhoc
Further inquiry note:
Ralf Glass
Vicepresident CEO support
T +49 (0) 160 3630315
E-Mail: ralf.glass@cgm.com
Branche: Software
ISIN: DE0005437305
WKN: 543730
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade