ComputerLinks AG

euro adhoc: ComputerLinks AG
Mergers - Acquisitions - Takeovers / COMPUTERLINKS acquires company in Dubai

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COMPUTERLINKS (ISIN DE0005448807) has acquired a 100% interest in the value added distributor 'Fusion Distribution FZC' based in Dubai.

With the acquisition of Fusion Distribution FZC the COMPUTERLINKS Group has gained direct access to the Middle East, one of the fastest growing markets in the world.

The company, set up in August 2004, increased turnover in the financial year 2005/2006 (31st August) by 140% to 3.9 million USD compared to the same period last year. The net yield (after tax) was almost 7% in the period from 1st September 2005 to 31st August 2006.

The purchase price will be paid in cash and performance-related earn-out payments are to be made until the end of 2010. The acquisition takes commercial effect on 1st April 2007 (first date of consolidation). The deal is conditional on the approval of the relevant governmental authorities in UAE.

Fusion Distribution FZC is a fast growing value-added distributor in the important e-security field for the COMPUTERLINKS Group. Customers (resellers) in the whole of the Middle East are serviced from the company headquarters in Dubai.

COMPUTERLINKS continues to expand its market position with the acquisition of Fusion Distribution FZC together with its presence in 12 European countries, North America (including Canada) as well as Australia.

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ots Originaltext: ComputerLinks AG
Im Internet recherchierbar:

Further inquiry note:
Bettina Zollner
Tel.: +49(0)89 93099-174

Branche: Computing & Information Technology
ISIN:      DE0005448807
WKN:        544880
Index:    Nemax 50, CDAX, Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

Weitere Meldungen: ComputerLinks AG

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