NEMETSCHEK SE O.N.
NEMETSCHEK SE O.N.
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NEM
ISIN: DE0006452907

DGAP-Adhoc: Nemetschek SE acquires Norwegian software provider dRofus

  • 63

DGAP-Ad-hoc: Nemetschek SE / Key word(s): Takeover
Nemetschek SE acquires Norwegian software provider dRofus

20-Dec-2016 / 11:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad Hoc Report

Nemetschek acquires Norwegian software provider dRofus

- dRofus is a leading software provider for BIM-based program, equipment and data management for the building industry

- High-level strategic fit to address the needs of building owners more strongly

Munich, December 20, 2016 - Software provider Nemetschek SE (ISIN DE0006452907) has agreed today to acquire 100% of the shares of dRofus AS, headquartered in Oslo, Norway. dRofus offers a unique planning, data management and Building Information Modeling (BIM) collaboration tool. The company provides all stakeholders with comprehensive workflow support and access to building information throughout the building lifecycle including the handover to facility managers - all on a single and central cloud-based platform.

dRofus is a globally operating company with focus on Europe, the US and Australia. The customer base of dRofus includes public and private building owners, designers, engineers and contractors. dRofus has already established a dominant position in the construction of healthcare facilities and airports. Through worldwide BIM initiatives and government regulations, building owners are meanwhile taking a leading position in the adoption of BIM technologies. dRofus is a complementary tool to all Nemetschek solutions and can ease the acquisition of new customers for both sides.

dRofus AS was founded in 2011 and has 28 employees. The subsidiaries in the US, Australia and Sweden are regional sales and support offices. For the year 2016, dRofus anticipates revenues amounting to around EUR 4.5 million, an increase of more than 40% compared to the previous year. An operating margin (EBITDA margin) of approximately 25% is expected for 2016. The purchase price for 100% of the shares amounts to about EUR 24.5 million (cash-/debt-free). The financing of the purchase price is provided by the company's own capital resources and by the use of lines of credit. The acquisition is expected to be closed by the beginning of January 2017.

For further information on the company, please contact:

Contact:
Stefanie Zimmermann
Director Investor Relations & Corporate Communication NEMETSCHEK SE
Konrad-Zuse-Platz 1
81829 Munich
P: +49 89 92793-1229
M: +49 175 7211197
[email protected]


20-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Nemetschek SE
Konrad-Zuse-Platz 1
81829 München
Germany
Phone: +49 (0)89 540459-0
Fax: +49 (0)89 540459-444
E-mail: [email protected]
Internet: www.nemetschek.com
ISIN: DE0006452907
WKN: 645290
Indices: TecDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

531627  20-Dec-2016 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=531627&application_name=news&site_id=centralchart
EQS Group
EQS Group

EQS Group is a leading international technology provider for Digital Investor Relations, Corporate Communications and Compliance. More than 8,000 companies worldwide trust EQS’s products and services to securely, efficiently, and simultaneously fulfil complex national and international disclosure and compliance requirements, and to reach stakeholders globally.