EANS-Adhoc: CompuGroup Medical AG
CompuGroup Medical AG acquires majority in
German pharmacy software provider LAUER-FISCHER GmbH
22.06.2011 – 17:11
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 22.06.2011 Koblenz: CompuGroup Medical today signed an agreement to acquire a 75 % stake in LAUER-FISCHER GmbH, located in Fuerth, Germany. The company provides software solutions to pharmacies in Germany with approximately 4.000 customers. Total sales in 2010 were 49.8 million Euros, EBITDA of 9.8 million Euros and earnings before tax (EBT) of 6.2 million Euros. LAUER-FISCHER's market share is about 20 %. The purchase price for 75 % of the debt-free entity is 52.5 million Euros and will be paid in cash from existing credit facilities. Put and call options are agreed for the remaining 25 % shares. The options can be exercised until 31 December 2013. The closing of the transaction is scheduled for today. With this acquisition CompuGroup Medical further strengthens the position in Germany and consequently expands its portfolio of strategically important services for a better networking of all participants in healthcare. End of Ad-hoc Announcement Conference call for journalists, investors and analysts: CompuGroup Medical will hold an investor and press conference call on Thursday, 23 June 2011, at 3:00 pm (CEST) with CFO Christian B. Teig to discuss the transaction followed by a Q&A session. To participate in this conference please dial one of the following phone numbers: +49 69 2 10 86 97 03 (Germany) +44 16 16 01 89 02 (UK) +1 21 53 05 44 95 (USA) Participant code: 18561270 A presentation will be available for download on {www.cgm.com}[HYPERLINK: http://www.cgm.com] prior to the conference call. Further inquiry note: Ralf Glass Vicepresident CEO support T +49 (0) 160 3630315 E-Mail: ralf.glass@cgm.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: 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: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, München language: English