CompuGroup Medical AG

EANS-Adhoc: CompuGroup Medical AG
acquires Ascon Software II B.V. in the Netherlands

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Acquisition

22.12.2010

CompuGroup Medical Koblenz: Today, CompuGroup has entered into an agreement for the purchase of Ascon Software B.V., based in Echt, Netherlands ("Euroned"). Euroned provides software solutions for the e-Health sector in the Netherlands for doctors and pharmacies. In 2010 the company expects revenues of about 10.8 million euro, with an EBITDA of about 2.8 million euro. With this acquisition CompuGroup enters the healthcare market in the Netherlands and strengthens its business in Europe. The payment for the debt free company will be 15 million euro in cash. The purchase price will be financed through existing credit facilities. The closing of the transaction is scheduled for today.

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Further inquiry note: Ralf Glass Vicepresident CEO support T +49 (0) 160 3630315 E-Mail: ralf.glass@cgm.com

Branche: Software
ISIN:      DE0005437305
WKN:        543730
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade



Weitere Meldungen: CompuGroup Medical AG

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