05.10.2016
All for One Steeb AG DE0005110001
DGAP-News: All for One Steeb AG Plans to Acquire a Majority Interest in the Cloud:
DGAP-News: All for One Steeb AG / Key word(s): Takeover/Investment
All for One Steeb AG Plans to Acquire a Majority Interest in the Cloud:
05.10.2016 / 09:00
The issuer is solely responsible for the content of this announcement.
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All for One Steeb AG Plans to Acquire a Majority Interest in the Cloud
Specialist B4B Solutions GmbH
Bundling expertise across a full range of cloud applications / Single
source of cloud solutions for all essential business processes / The
midmarket's first choice on the SAP Cloud market
Filderstadt, 5 October 2016 - All for One Steeb AG, a leading IT service
provider and the number one in the German-speaking SAP market, wants to win
over more of the midmarket sector to cloud software solutions. Small and
mid-sized enterprises (SMEs) in particular are set to benefit most from
fast, efficient, and simple solutions from the cloud.
With this in mind, All for One Steeb plans to acquire a 70-percent majority
interest in the cloud specialist B4B Solutions GmbH of Graz (Austria)
effective 1 November 2016. B4B is an acknowledged expert for rapid and high
quality developments and implementations of cloud applications, and has
been SAP Cloud Partner of the Year several times. All for One Steeb itself
is also a successful cloud provider and was named SAP Business ByDesign
Partner of the Year 2016. Established in 2012, B4B employs a total of 20
people in Austria and Germany and is growing much faster than the market.
B4B improved revenues almost fourfold to EUR 1.2 million (2015) over the
course of the past three years and expects these to surpass the EUR 2
million mark in 2016. Recurring revenues from cloud software subscriptions
and support account for nearly half of the company's sales. All for One
Steeb intends to transfer its »SAP Cloud solutions« business unit to B4B's
German subsidiary in order to strengthen their shared business approach.
Furthermore, a 6-digit settlement payment will also be made. The sellers,
four shareholders, are to remain active members of B4B management following
the majority interest acquisition by All for One Steeb and would each hold
equal parts of the remaining 30% share of the company.
This combination allows the two companies to not only bundle their
expertise in the field of cloud applications, but also offer a complete
range of cloud and industry-specific full-service packages from one single
source. Cloud solutions and services will be marketed to customers under
the B4B brand name.
The ERP solution SAP Business ByDesign, the CRM software SAP Hybris Cloud
for Customer, and the social collaboration solution SAP Jam form the core
of the portfolio designed primarily for the midmarket sector. »Our
customers will benefit from this new and improved commitment to value and
service. We'll be offering simple, rapidly deployable and adaptable cloud
solutions, and in turn new business opportunities, that are geared
especially to the needs of small and mid-sized enterprises. The fact that
we'll be integrating these products into existing, on-premise landscapes
will enable customers to implement those highly touted cloud scenarios to
efficiently design and manage their business processes. And all of this
from a single source,« explained Lars Landwehrkamp, the CEO of All for One
Steeb.
SMEs in particular are increasingly turning to on-demand systems, which
ensure full access to all the needed resources and processes from anywhere
and at all times, are extremely powerful, can be rapidly integrated, and
provide users with an easy and efficient way to work.
Midmarket companies are also seeking to collaborate with experts for cloud
solutions, who can help them improve and enhance their workflows and
structures in a way that lets them save money on service-related
implementations, infrastructure and administration. »In the age of digital
transformation, agility and speed in information technology are becoming
more and more important. We don't just optimise processes within businesses
with our solutions. We use B4B's unique project methodology to enable our
customers to do projects in record time by decisively shortening
implementation timeframes,« explained Kai Göttmann, a member of the All for
One Steeb management team and responsible for the cloud business.
Combining the two companies' expertise and solutions generates numerous
benefits for the customer. Michael Zitz, one of the managing partners of
B4B Solutions GmbH: »All for One Steeb has been extremely successful in
recent years, especially in the area of SAP Business ByDesign, including
integrated solutions for connecting international offices and subsidiaries.
By connecting Cloud for Customer to ByDesign, for example, B4B gives
customers the opportunity of integrating a centralised CRM within their
corporate structure and using Cloud for Customer throughout their entire
organisation - whether as part of the primary SAP ECC system or S/4HANA, or
in whatever subsidiaries they may have.«
Customers will also derive significant added value from the customer
lifecycle model that was developed by B4B and will continue to be pursued.
This model focuses on innovations and improvements that benefit the
customer. The lessons learned from numerous successful development
projects, ranging from coupling different shop solutions, to integrating
dispatch service providers, all the way to customised variant
configurations for industrial distributors, will be incorporated into the
portfolio. »Our shared goal is to combine our wealth of experience in a way
that best serves the customer and in so doing become the pacesetter and
best possible partner for SAP ERP and CRM Cloud solutions in countries
where German is spoken,« said Kai Göttmann.
About All for One Steeb AG
All for One Steeb AG is number 1 in the German-speaking SAP market and a
leading IT service provider. The full-service provider's portfolio
comprises end-to-end solutions along the whole of the IT value chain - from
SAP industry solutions, Cloud Applications up to scalable hosting and cloud
services out of its German data centers, where All for One Steeb is
orchestrating highly available IT operations for all business-related IT
systems - including SAP as well as Microsoft Exchange or Sharepoint. As an
SAP Platinum Partner, All for One Steeb is a reliable general contractor
and serves with around 1,300 employees over 2,000 clients in Germany,
Austria and Switzerland, mainly among the manufacturing and consumer goods
industry.
In the financial year 2014/15, All for One Steeb AG achieved a turnover of
EUR 241 million. The company is listed in the Prime Standard segment of the
Frankfurt Stock Exchange (ISIN DE0005110001, WKN 511 000).
Online
https://ir.all-for-one.com/en/publications/financial-news/bundelung-von-
know-how-im-cloud-anwendungsbereich
YouTube
https://www.youtube.com/watch?v=K6RIAitmUm8
Follow us
http://www.youtube.com/allforonemidmarkettv
http://www.facebook.com/all41
http://www.twitter.com/AllforOneSteeb
http://www.xing.com/companies/AllforOneSteebAG
http://www.linkedin.com/company/all-for-one-steeb-ag
Contact:
All for One Steeb AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, E-Mail
[email protected]
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05.10.2016 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.
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Language: English
Company: All for One Steeb AG
Gottlieb-Manz-Straße 1
70794 Filderstadt-Bernhausen
Germany
Phone: +49 (0)711 78 807-260
Fax: +49 (0)711 78 807-222
E-mail: [email protected]
Internet: www.all-for-one.com
ISIN: DE0005110001
WKN: 511000
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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508797 05.10.2016
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