KPS AG: Acquisition of all shares in ICE Consultants Europe SL
August 01, 2017 at 06:55 am EDT
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DGAP-Ad-hoc: KPS AG / Key word(s): Takeover
KPS AG: Acquisition of all shares in ICE Consultants Europe SL
01-Aug-2017 / 12:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
KPS AG: Acquisition of all shares in ICE Consultants Europe SL
Public disclosure of inside information pursuant to Art. 17 MAR
Unterföhring, August 1, 2017
KPS AG today concluded the agreement to acquire all shares in ICE Consultants Europe SL, Barcelona, one of the leading SAP consulting companies in Spain. Under the terms of the agreement, ICE will become a wholly owned subsidiary of KPS AG as of October 2, 2017. Comprising some 100 consultants, ICE's multidisciplinary team provides support for companies in the consumer goods and pharmaceuticals sectors, delivering process consulting, SAP implementations, and application management services (AMS) in Spain, Germany, Switzerland, the Netherlands, as well as in North and South America. The acquisition continues KPS AG's international expansion strategy and secures the company's position as one of the leading consultancies for digital transformation in Europe. The acquisition price consists of a fixed and a variable component, the amount of which the parties have agreed not to disclose.
01-Aug-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
KPS AG
Beta-Str. 10 h
85774 Unterföhring
Germany
Phone:
+49 (0)89 356 31-0
Fax:
+49 (0)89 356 31-3300
E-mail:
isabel.hoyer@kps.com
Internet:
www.kps.com
ISIN:
DE000A1A6V48
WKN:
A1A6V4
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
KPS AG is a Germany-based holding and consulting information technology (IT) company, which specializes in business transformation and process optimization. The main business areas are Strategy and Process Consulting, with focus on on retail, consumer goods industry and production as well as Process Optimization and Implementation for processes from planning to customer implementation, such as finance, wholesale, manufacturing, supply chain management, enterprise performance management, optimization and integration of product development. The portfolio is supplemented for Product Lifecycle Management; Enterprise Resource Planning, including document management concepts, workflow solutions, archiving; as well as System Architecture and Integration, such as creation and operation of server and storage infrastructures, managed services, development of SAP NetWeaver/PI and eSOA (Enterprise Service-Oriented Architecture) -based solutions. It has subsidiaries in Germany and Switzerland.