10.12.2015
EQS Group AG DE0005494165
DGAP-News: EQS Group Takes Over Tensid AG
DGAP-News: EQS Group AG / Key word(s): Takeover
EQS Group Takes Over Tensid AG
10.12.2015 / 08:30
The issuer is solely responsible for the content of this announcement.
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EQS Group Takes Over Tensid AG
EQS Group becomes market and technology leader in Switzerland
Munich - 10.12.2015
EQS Group (ISIN: DE0005494165) acquires 100% of the shares of Tensid AG
located in Baar, Switzerland, making it market and technology leader for
Digital Investor Relations in Switzerland.
Tensid, a leading Digital Corporate Communications provider in Switzerland,
delivers its software solution, Market Communication Office (marCo.ch), to
more than 100 customers. For the year 2015 Tensid expects revenues of more
than SFR 1.2mn and EBIT of approximately SFR.250mn. The purchase price will
remain undisclosed by mutual agreement. One-third of financing is provided
by EQS Group's own capital resources and two-thirds originate from an
acquisition loan provided by Commerzbank Munich. A capital increase is not
required.
Achim Weick, CEO of EQS Group AG stated: "We are very pleased to unite the
two leading providers for Digital Investor Relations in Switzerland under
one umbrella. We're especially pleased that Tensid's two founders will
remain with EQS Group. As a consequence, we will be able to swiftly
realize synergies and take on growth opportunities as the new Swiss market
leader.
Tensid AG was founded by Carolyn Baechler-Schenk and Konrad Baechler in
2000. Headquartered in Baar, the company currently has 12 employees. The
founders will actively contribute to the further development of the Swiss
market and the international expansion of EQS Group AG. While Konrad
Baechler, a system architect, takes on the further development of marCo.ch
and COCKPIT, consequently enhancing customer value, Carolyn Baechler-Schenk
will lead the Swiss team and operations as the CEO.
Carolyn Baechler-Schenk, CEO of Tensid AG: "With a view to our customers'
needs, Tensid's merger with EQS Group represents the proper strategic
response to the challenges of dynamic and globalized markets. The spirit of
EQS Group's founders matches perfectly with our innovation culture.
Together we aim to expand the market and technology leadership for Digital
Investor Relations and Corporate Communications."
Contact:
André Marques
EQS Group AG
Seitzstraße 23
D-80538 München
Tel.: 089/ 21 02 98 - 33
Fax: 089/ 21 02 98 - 49
E-Mail: [email protected]
www.eqs.com
Receive EQS Group AG corporate news immediately and free of charge on your
mobile device or directly on your Apple Watch via the DGAP News App
(http://newsapp.dgap.de/).
About EQS Group
The EQS Group is a Munich-headquartered leading international provider of
digital corporate communications.
Since its founding in 2000, the EQS Group has grown to be a leading global
provider of digital solutions for investor relations and corporate
communications. Its solutions and services enable over 7,000 companies
worldwide to fulfill complex domestic and international corporate
information requirements securely, timely and efficiently.
EQS Investor Relations and EQS Corporate Communications disseminate
financial and corporate news, develop corporate websites and apps, produce
online financial as well as sustainability reports, and execute audio and
video broadcasts. EQS Financial Markets & Media and ARIVA.DE (25.44%) are
active in financial marketing, data and content delivery as well as the
development of financial portals. Through its DGAP service, the EQS Group
is the institution by which companies fulfill mandatory regulatory news
dissemination requirements.
The EQS Group is headquartered in Munich, with a further domestic office in
Hamburg. The international growth strategy has led to subsidiaries in
Zurich, Moscow, Hong Kong, Shenzhen, Singapore, Taipei, and Kochi. EQS
Group currently has over 190 employees.
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10.12.2015 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
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Language: English
Company: EQS Group AG
Karlstr. 47
80333 Munich
Germany
Phone: +49(0)89 210298-0
Fax: +49(0)89 210298-49
E-mail: [email protected]
Internet: www.eqs.com
ISIN: DE0005494165
WKN: 549416
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich
(m:access), Stuttgart; Open Market (Entry Standard) in
Frankfurt
End of News DGAP News Service
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422537 10.12.2015
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