EANS-Adhoc: CompuGroup Medical AG CompuGroup Medical AG acquires majority in
German pharmacy software provider LAUER-FISCHER GmbH
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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.
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22.06.2011
Koblenz: CompuGroup Medical today signed an agreement to acquire a 75 % stake in
LAUER-FISCHER GmbH, located in Fuerth, Germany. The company provides software
solutions to pharmacies in Germany with approximately 4.000 customers. Total
sales in 2010 were 49.8 million Euros, EBITDA of 9.8 million Euros and earnings
before tax (EBT) of 6.2 million Euros. LAUER-FISCHER's market share is about 20
%.
The purchase price for 75 % of the debt-free entity is 52.5 million Euros and
will be paid in cash from existing credit facilities. Put and call options are
agreed for the remaining 25 % shares. The options can be exercised until 31
December 2013. The closing of the transaction is scheduled for today.
With this acquisition CompuGroup Medical further strengthens the position in
Germany and consequently expands its portfolio of strategically important
services for a better networking of all participants in healthcare.
End of Ad-hoc Announcement
Conference call for journalists, investors and analysts:
CompuGroup Medical will hold an investor and press conference call on Thursday,
23 June 2011, at 3:00 pm (CEST) with CFO Christian B. Teig to discuss the
transaction followed by a Q&A session.
To participate in this conference please dial one of the following phone
numbers:
+49 69 2 10 86 97 03 (Germany)
+44 16 16 01 89 02 (UK)
+1 21 53 05 44 95 (USA)
Participant code: 18561270
A presentation will be available for download on {www.cgm.com}[HYPERLINK:
http://www.cgm.com] prior to the conference call.
Further inquiry note:
Ralf Glass
Vicepresident CEO support
T +49 (0) 160 3630315
E-Mail: ralf.glass@cgm.com
end of announcement euro adhoc
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issuer: CompuGroup Medical AG
Maria Trost 21
D-56070 Koblenz
phone: +49 (0) 261 8000-0
FAX: +49 (0) 261 8000-1166
mail: investor@cgm.com
WWW: www.cgm.com
sector: Software
ISIN: DE0005437305
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English
International SOS the Worlds leading healthcare, medical and security assistance company has chosen Electronic Medical Records System and Practice Management Solution from CompuGroup Medicals subsidiary in Malaysia company: CompuGroup Medical AG Maria Trost 21 D-56070 Koblenz phone: +49 (0) 261 8000-0 FAX: ...