DGAP-News: adesso AG / Key word(s): Takeover adesso AG finalises complete takeover of SAP consulting company UnitCon GmbH, expanding its customer engagement & commerce business 13.02.2017 / 10:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- adesso AG finalises complete takeover of SAP consulting company UnitCon GmbH, expanding its customer engagement & commerce business adesso AG is following through with the takeover of the IT consulting and development company in the field of SAP customer engagement, business analytics and HANA, as announced. adesso AG signed a purchase agreement in Darmstadt last Friday with the shareholders of UnitCon GmbH from Darmstadt. The purchase price is in the mid-single-digit-million range. It will be financed entirely with existing liquid funds, especially from the cash capital increase carried out successfully at the end of 2016. The profitable and debt-free company generated EBIT of approximately EUR 1 million and an EBIT margin of more than 20 % in the past financial year. The acquired company will be fully integrated into the adesso subsidiary ARITHNEA GmbH in the near future, where the sellers will continue to develop the joint business in roles of responsibility. Through the acquisition, adesso is strategically enhancing its subsidiary ARITHNEA in the field of SAP customer engagement, business analytics and HANA while expanding current activities with regard to customer engagement & commerce (CEC). As an experienced SAP consulting company, UnitCon GmbH possesses sound process-related and technological know-how with regard to digitalising business processes in marketing and sales. UnitCon is an SAP silver partner and has in-depth expertise to offer when it comes to SAP Hybris and SAP business intelligence solutions. ARITHNEA is rounding out its own customer engagement & commerce portfolio with the addition of UnitCon's services. The further gains in expertise mean that ARITHNEA is one of the first companies in German-speaking countries to offer a comprehensive range of services focusing on the SAP Hybris portfolio from a single provider. This makes ARITHNEA one of the market leaders for providing advice on and introducing SAP Hybris solutions. The merger serves to strengthen the ties of the existing partnership between ARITHNEA and SAP. Both companies worked together within a synergetic partnership even before they formally joined forces to cultivate the market. New prospects are now opening up within the adesso Group for the approximately 30 UnitCon employees, who are being given the opportunity to tackle larger and more complex projects. The two managing directors of UnitCon will continue to hold positions of responsibility. Moving forward, Markus Blau will serve as Business Unit Manager Customer Engagement & Commerce in Darmstadt and as SAP Partner Manager. Benedikt Bonnmann will head the new ARITHNEA branch in Darmstadt. He will also be responsible for continuing the expansion of business intelligence activities, in addition to joining the Management Board of ARITHNEA. About adesso Group With over 2,000 employees and expected annual sales of more than EUR 250 million in 2016, adesso Group is one of the largest German IT service providers and has outstanding opportunities for growth. At its own locations in Germany, Austria, Switzerland, Turkey, USA and the UK as well as at numerous customer sites, adesso offers consulting and software development services for optimising core business processes. adesso also offers ready-to-use software products for standard applications. The development of an own, industry-specific product-portfolio opens up additional growth and earnings opportunities and is another key element of the adesso strategy. 2016, adesso was awarded as the best employer in the german IT-sector. About ARITHNEA As an expert in digital business, ARITHNEA (www.arithnea.de) advises companies on their market strategies, creates distinctive brand identities, and develops integrated IT solutions. ARITHNEA thus creates a comprehensive, unified customer experience across multiple communication channels and countries. As a reliable strategic partner, ARITHNEA assists companies along their paths to digital maturity. In addition to an internationally recognised project management certification, the specialists at ARITHNEA possess strategic, professional, technical, and communicative expertise and extensive experience from numerous projects. Companies like BSH Hausgeräte, Fressnapf, KION Group, Knorr-Bremse, Ottobock, Robert Bosch, Schaeffler, and Telefónica Germany (o2) rely on their know-how. ARITHNEA has over 200 employees, is headquartered in Neubiberg near Munich, and has offices in Bremen, Dortmund, Frankfurt, Jena, and Stuttgart. The company has developed a successful network of partners, including Adobe, e-Spirit, and SAP Hybris. Contact: Martin Möllmann Manager Investor Relations Tel.: +49 231 7000-7000 E-Mail: [email protected] --------------------------------------------------------------------------- 13.02.2017 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. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: adesso AG Stockholmer Allee 20 44269 Dortmund Germany Phone: +49 231 7000-7000 Fax: +49 231 7000-1000 E-mail: [email protected] Internet: www.adesso-group.de ISIN: DE000A0Z23Q5 WKN: A0Z23Q Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange; London End of News DGAP News Service --------------------------------------------------------------------------- 543755 13.02.2017