EANS-News: CompuGroup Medical Enters the Pharmacy Software Market in Germany
22.06.2011 – 17:47
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Mergers - Acquisitions - Takeovers Subtitle: Acquisition of a majority of the shares in LAUER-FISCHER GmbH in Fürth. Koblenz (euro adhoc) - June 22, 2011: CompuGroup Medical AG, one of the leading global providers of eHealth solutions, has today entered the market for pharmacy software. The company acquired 75% of the shares in LAUER-FISCHER GmbH from ARZ Haan AG for the purchase price of 52,5 million Euros. CompuGroup Medical continues on the path of profitable growth and complements the current activities by entering the pharmacy sector. LAUER-FISCHER is one of the leading and most innovative companies in the market and services approximately 20% of German pharmacies today. The company has 470 employees who develop software and system solutions for pharmacies, with a sales volume of 49.8 million euros in 2010. The operative result (EBITDA) was 9.8 million euros and earnings before taxes (EBT) were 6.2 million euros. Frank Gotthardt, CEO and Founder of CompuGroup Medical AG, emphasized this new milestone in the company´s history: "CompuGroup Medical has unique experience in cross-sector linkage. With LAUER-FISCHER, we are enhancing our portfolio in the German market with a significant component." CompuGroup Medical´s customers already include private practice physicians and dentists, hospitals, rehabilitation facilities, health insurance companies and industry customers and the new pharmacy customers complete the position in German healthcare. "We are happy to complete our product line with the entry into the pharmacy market.", comments Uwe Eibich, CompuGroup Medical´s Executive Vice President for Central Europe. "Pharmacies are important institutions in outpatient healthcare and are also of great importance to the new regulatory environment. From our new ownership position, we will be able to provide the LAUER-FISCHER customers with new options for increased efficiency and future-oriented patient services, with comprehensive service and product options. Our existing customers, especially physicians, will also be able to benefit from our expanded portfolio." 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 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 380,000 doctors, dentists, hospitals and networks as well as other service providers. With locations in 21 countries and customers in 34 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. Approximately 3200 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 8000-1293 F +49 (0) 261 8000-3284 E-Mail: press@cgm.com end of announcement euro adhoc -------------------------------------------------------------------------------- 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: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, München language: English