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CompuGroup Medical AG

EANS-News: CompuGroup Medical Expands their Presence in Scandinavia

Koblenz (euro adhoc) -

Acquisition of the Swedish Lorensbergs Holding AB
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Mergers - Acquisitions - Takeovers
Subtitle: Acquisition of the Swedish Lorensbergs Holding AB
January 24, 2011: CompuGroup Medical executed
a purchase agreement for the acquisition of Lorensbergs Holding, 
including all subsidiaries. With 41 employees, Lorensbergs primarily 
develops software solutions for occupational healthcare, general 
practitioners and school healthcare in Sweden. The revenues for 2010 
are estimated to be EUR 3.7 million.
With this acquisition, CompuGroup Medical solidifies its position as 
a market leader in the Scandinavian e-health market. With 
Lorensbergs, CompuGroup Medical obtains the largest customer base 
within occupational healthcare and further strengthens the 
strongest-performing product portfolio in Sweden and Norway.
The products of all Scandinavian subsidiaries will be further 
bolstered, based on best practices. CompuGroup Medical software 
solutions provide physicians with assistance in making medical 
decisions and help structure the treatment process. Enormous 
potentials to increase efficiency can be achieved with the 
utilization of these intelligent systems.
"Lorensbergs Holdings is very growth oriented," emphasized Frank 
Gotthardt, chair of CompuGroup Medical AG. "This makes them a perfect
match for us. We believe it is our mission to develop 
efficiency-increasing products for the healthcare market that fulfill
maximum expectations for safety and treatment quality", concludes the
company founder.
About CompuGroup Medical AG CompuGroup Medical is one of the leading 
e-health companies worldwide. Its software products, 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. The services 
of CompuGroup Medical are based on its unique customer base of around
370,000 doctors, dentists, hospitals and networks as well as other 
service providers. CompuGroup Medical is the e-health company with 
one of the biggest coverage among e-health service providers 
worldwide. The company operates in 18 European countries as well as 
in Brazil, Chile, Malaysia, Morocco, Saudi Arabia, South Africa and 
in the USA and currently employs around 3,300 people.
end of announcement                               euro adhoc

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

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

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