CompuGroup Medical AG

EANS-News: CompuGroup Medical strengthens its market position in Italy


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Mergers - Acquisitions - Takeovers

Subtitle: Acquisition of eHealth-provider Effepieffe srl

Koblenz (euro adhoc) - February 1, 2012: Yesterday evening, CompuGroup Medical
signed a contract to purchase all shares in Effepieffe srl. via its Italian
subsidiary CompuGroup Medical Italia spa. The company counts around 8,000
general practitioners as its customers and ranks number three in the provision
of ambulatory information systems in Italy. 

With its latest acquisition, CompuGroup Medical takes a further step in
progressively extending its market position in Italy. Since 2006 the company has
been running a strict growth strategy and is now, owning a 40% market share, the
market leader in the field of primary care in Italy. 

Strategically, Effepieffe focuses on the north-Italian market. Headquartered in
Milan, the majority of Effepieffe's customers are located in that area. Frank
Gotthardt, CEO of CompuGroup Medical AG affirms: "Our strategy of expansion has
proven successful; today we are a strong eHealth-provider in Italy. We will
provide our new customers with access to our product and service portfolio to
deliver optimum support for their patient care."  

One example is CGM Life eServices, online services for
physician-patient-communication. CompuGroup Medical counts among the worldwide
leading providers of eHealth-solutions. Through this acquisition customers
benefit from international best practice and the company's long-standing
experience in this sector. 

In 2011 the turnover of Effepieffe amounted to 1.2 million Euro. The EBITDA was
at around 0.5 million Euro. 


About CompuGroup Medical AG
CompuGroup Medical is one of the leading eHealth companies in the world. Its
software products are designed to support all medical and organizational
activities in doctors' offices, pharmacies and hospitals. Its information
services for all parties involved in the healthcare system and its web-based
personal health records contribute towards safer and more efficient healthcare. 
CompuGroup Medical's services are based on a unique customer base of over
385,000 doctors, dentists, hospitals, pharmacies and networks as well as other
service providers. With locations in 19 countries and customers in 33 countries
worldwide, CompuGroup Medical is the eHealth company with one of the highest
coverage among eHealth service providers. Approximately 3,600 highly qualified
employees support customers with innovative solutions for the steadily growing
demands of the healthcare system.


Further inquiry note:
CompuGroup Medical AG
Barbara Müller
Consultant Press & Media 
P +49 (0) 261 8000-6100
F +49 (0) 261 8000-3100
e-mail: press@cgm.com

end of announcement                               euro adhoc 
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company:     CompuGroup Medical AG
             Maria Trost 21
             D-56070 Koblenz
phone:       +49 (0) 261 8000-0
FAX:         +49 (0) 261 8000-1166
mail:     investor@cgm.com
WWW:      www.cgm.com
sector:      Software
ISIN:        DE0005437305
indexes:     
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English
 

 

 



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