CENIT AG / Key word(s): Acquisition
16.05.2011 12:58
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
CENIT AG acquires Transcat PLM AG, Switzerland
Software and consulting specialist CENIT is expanding its PLM portfolio and
strengthening its presence on the Swiss market.
Stuttgart, 16 May 2011 - On 16-05-2011, CENIT AG has acquired Swiss-based
company Transcat PLM AG. The company is a leading provider of services
related to product development and information technology, supporting
enterprises in optimizing processes with the aid of product lifecycle
management (PLM) in Switzerland. It is planned to merge the enterprise with
CENIT AG Switzerland as soon as possible. Previously, Transcat PLM AG was a
100% subsidiary of French software maker Dassault Systèmes, the leading
global provider of PLM solutions. The enterprise employs 17 staff and works
profitably, posting annual sales of approx. 8 million CHF.
For many years, Transcat PLM AG has been a hallmark of experience,
development and innovation in the field of product lifecycle management
(PLM) solutions. With this acquisition, CENIT is ramping up its PLM
business in Germany, Austria and Switzerland, further expanding its
position as a market-leading PLM consulting provider, and underscoring the
importance of the Swiss market.
Transcat PLM AG Director Alfonso Panichella is set to join the management
of CENIT AG Switzerland.
Please send queries to:
CENIT AG
Investor Relations - Tanja Marinovic
Industriestrasse 52-54
D-70565 Stuttgart
Phone +49 (711) 7825-3320
Fax +49 (711) 782544-4320
E-Mail aktie@cenit.de
About CENIT:
The enterprise has been active as a specialist for product lifecycle
management, enterprise information management solutions, business
optimization and analytics and application management services since 1988.
CENIT is listed on the Prime Standard of Deutsche Börse and currently
employs about 700 staff. Among others, CENIT serves clients such as
Allianz, W&W, Daimler, EADS Airbus, VR kreditwerk, BWB and Kuka. Many of
our customers are medium-sized enterprises, particularly from the
automotive and mechanical engineering sectors, e.g. Jungheinrich, Flow,
Viessmann or Georg Fischer. http://www.cenit.de
---------------------------------------------------------------------------
Information and Explaination of the Issuer to this News:
Additional information:
This press/ad hoc report may contain future-oriented statements regarding
the business, financial and earnings situation of as well as profit
projections for CENIT. Such future-oriented statements are characterized by
terms or statements such as 'the company may' or 'the company will',
'expects', 'assumes ', 'is considering', 'intends to', 'plans', 'believes',
'will continue to' and/or 'estimates', as well as similar terms and
statements. Such statements contain no guarantee that the projections will
in fact be achieved. Rather, such statements involve risks, imponderables
and assumptions that are difficult to predict and, in addition, are based
on assumptions as to future events which may prove to be incorrect. For
this reason, actual events may diverge significantly from the assumptions
contained in the above statement. In a future-oriented statement by which
CENIT expresses expectations or assumptions with regard to future events,
these expectations or assumptions are made in good faith, and it shall be
assumed that they are made upon an appropriate basis; however, it cannot be
guaranteed that the said statements, expectations or assumptions shall
indeed occur, be attained or fulfilled. The actual operative result may
diverge significantly from such future-oriented statements and is subject
to certain risks. In this regard, please refer to the Business Report of
CENIT AG Systemhaus
16.05.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: CENIT AG
IndustriestraÃe 52 - 54
70565 Stuttgart
Deutschland
Phone: +49 (0)711 78 25 - 30
Fax: +49 (0)711 78 25 - 4000
E-mail: aktie@cenit.de
Internet: www.cenit.de
ISIN: DE0005407100
WKN: 540710
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: CENIT AG acquires Transcat PLM AG, Switzerland
| Source: EQS Group AG