15.01.2015
BayWa AG DE0005194062
DGAP-News: On the road to 'Industry 4.0': BayWa AG takes over system service provider PC-Agrar GmbH
DGAP-News: BayWa AG / Key word(s): Acquisition
On the road to 'Industry 4.0': BayWa AG takes over system service
provider PC-Agrar GmbH
15.01.2015 / 11:33
---------------------------------------------------------------------
On the road to "Industry 4.0": BayWa AG takes over system service provider
PC-Agrar GmbH
BayWa AG plans to take over a 100% stake in the PC-Agrar GmbH group of
companies, subject to approval by antitrust authorities. The company, based
in the German state of Bavaria, provides software solutions and integrated
services for process-controlled operations management in agriculture (smart
farming). The acquisition is to apply retrospectively as at 1 January 2015.
"Given that the almost revolutionary challenges of 'Industry 4.0' also
extend to the agricultural sector, this acquisition is BayWa's way of
arming itself for the digital future," Chief Executive Officer Klaus Josef
Lutz said, emphasising the significance of this takeover. Farm management
solutions are developing at an increasing speed and BayWa, in its capacity
as a trading company, must also rise to the challenge of continuing to
provide services and sales from a single source in the field of
agriculture, he added. At tomorrow's BayWa AG investor conference in
Berlin, Lutz will also say: "In the digital age, we intend not only to
position ourselves between manufacturers and customers as an independent
partner of agriculture, as we have in the past, but also to strive for a
leading position in this field. To do so, we need - first and foremost -
the necessary expertise. PC-Agrar gives us a platform to provide proven
software systems and advance them in an integrative manner."
Agriculture is facing constantly rising demands when it comes to increasing
productivity and sustainability, and operations management is growing ever
more complex. In future, BayWa intends to develop solutions for farmers for
them to take advantage of the benefits smart farming offers - regardless of
the machines and operating resources they use or the size of their
operations, according to Lutz. Customer surveys reveal that owners of
smaller farms are particularly uncertain whether investing in digitisation
is worthwhile and tend to perceive the complexity of the issue as a
problem. This is where BayWa sees an opportunity to combine services and
sales in a digital environment: "The development towards digital farms is
currently picking up steam. BayWa plans to take the lead by paving the way
and accompanying modern agriculture along its path, no matter how large or
small those farms are," Lutz stressed.
"In light of the growing IT demands in the field of agriculture and the
corresponding necessity to invest, PC-Agrar has found an ideal partner in
BayWa. The sale of PC-Agrar to the trading and services company is the
logical next step towards providing a future-oriented digital information
platform for all farmers that covers all manufacturers," Josef Fritz said
on behalf of PC-Agrar GmbH, explaining the reasons for the sale.
PC-Agrar GmbH
PC-Agrar GmbH is a systems and software vendor based in Pfarrkirchen
(Bavaria, Germany). Originally called PC-Agrar Informations- und
Beratungsdienst GmbH, it was founded in 1985 with the aim of developing
software for farmers to help them save money in operations management and
increase income. AO-Agrar-Office(R) is one of its best-known products.
Contact:
Marion Danneboom, BayWa AG, Head of PR/Corporate Communication,
tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 22-36 98,
e-mail: [email protected]
---------------------------------------------------------------------
15.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: BayWa AG
Arabellastraße 4
81925 München
Germany
Phone: 089/ 9222-3691
Fax: 089/ 9222-3698
E-mail: [email protected]
Internet: www.baywa.de
ISIN: DE0005194062, DE0005194005,
WKN: 519406, 519400,
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
313529 15.01.2015
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
BayWa AG ISIN: DE0005194062 können Sie bei EQS abrufen
Agrar , 519406 , BYW6 , XETR:BYW6