DATAGROUP SE: DATAGROUP enters into agreement to acquire majority stake in Diebold Nixdorf Portavis
January 18, 2020 at 04:10 am IST
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DGAP-Ad-hoc: DATAGROUP SE / Key word(s): Investment
DATAGROUP SE: DATAGROUP enters into agreement to acquire majority stake in Diebold Nixdorf Portavis
17-Jan-2020 / 23:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DATAGROUP enters into agreement to acquire majority stake in Diebold Nixdorf Portavis
Pliezhausen, January 17, 2020. DATAGROUP SE (WKN A0JC8S) today has signed a purchase agreement to acquire 68 % of the shares in Diebold Nixdorf Portavis GmbH (Portavis) from Diebold Nixdorf, Incorporated, and thus expands its existing business with high-quality cloud services and operational IT services in the financial sector.
Portavis has around 200 employees providing IT services to customers in the financial services sector and is expected to generate annual revenue of some EUR 60m for the current fiscal year. The company mainly serves Hamburger Sparkasse AG, Die Sparkasse Bremen AG and Hamburg Commercial Bank AG on the basis of long-term service agreements. Hamburger Sparkasse AG and Die Sparkasse Bremen AG will retain a 32% stake in Diebold Nixdorf Portavis AG.
The transaction comprises 68% of the shares in Portavis. The parties have agreed to keep the purchase price confidential at this time. The transaction is subject to approval by the German Federal Cartel Office.
Notifying person:
Max H.-H. Schaber,
CEO of DATAGROUP SE
Wilhelm-Schickard-Str. 7
72124 Pliezhausen
Information and Explanation of the Issuer to this News:
Contact for further information
DATAGROUP SE
Claudia Erning
Wilhelm-Schickard-Str. 7
72124 Pliezhausen
T +49 7127 970-015
F +49 7127 970-033
claudia.erning@datagroup.de
17-Jan-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
DATAGROUP SE
Wilhelm-Schickard-Str. 7
72124 Pliezhausen
Germany
Phone:
+49 (0)7127 970 000
Fax:
+49 (0)7127 970 033
Internet:
www.datagroup.de
ISIN:
DE000A0JC8S7
WKN:
A0JC8S
Indices:
Scale 30
Listed:
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange; London
Datagroup SE is Germany-based information technology (IT) service provider. Its service and product portfolio includes IT Consultation, which includes IT landscape transformation and IT landscape consulting; System Integration, such as mobile solutions, software development and interactive voice response language portals; Systems, Applications and Product (SAP) solutions, including SAP application lifecycle management, SAP business solutions, SAP Hana and SAP landscape transformation, as well as training and workshops. The Company offers CORBOX, a modul-based solution for IT outsourcing, including data center services, network services, end user services, application management services, SAP services, printing services, communication and collaboration services, big data services, service desk, security services, monitoring services, robotic process automation and continuity services.