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Dortmund, 16.11.2015

adesso AG will take over 100 % of the shares in ARITHNEA GmbH early and unify all adesso Group e-commerce and CMS activities


adesso AG will take over 100 % of the shares in ARITHNEA GmbH early and
unify all adesso Group e-commerce and CMS activities

The supervisory board of adesso AG today approved the signing of a purchase
and contribution agreement to fully take over ARITHNEA GmbH. The
forthcoming implementation of the agreement will see adesso's share in the
company rise from 51 % to 100 %. The original agreement did not provided
for the option of a full takeover until 2017. At the same time, adesso AG
will transfer its own e-commerce and content management activities to
ARITHNEA GmbH so as to pool all e-business activities, including an agency;
this new group-wide area will then have approximately 200 employees.
Duplicated structures, which are not ideal for either market development or
customers, will be streamlined.

The sellers will remain in the company even after the transaction has been
completed. Approximately 20 % of the purchase price is to be paid within
the scope of a capital increase through contributions in kind by issuing
adesso shares with a minimum holding period of one year. Pursuant to the
original agreements, the purchase price for the 49 % stake in the company
is based on earnings development over the course of a number of years and
has been calculated in the mid single-digit million range. ARITHNEA has
generated an average EBIT of more than EUR 1.7 million per year since its
takeover in 2012. The purchase and contribution agreements approved today
are expected to be signed shortly; the company plans to close the
transaction in the first quarter of 2016, effective 1 January 2016.


Contact:
Martin Möllmann
Manager Investor Relations
Tel.: +49 231 7000-7000
E-Mail: ir@adesso.de


16.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      adesso AG
              Stockholmer Allee 20
              44269 Dortmund
              Germany
Phone:        +49 231 7000-7000
Fax:          +49 231 7000-1000
E-mail:       ir@adesso.de
Internet:     www.adesso-group.de
ISIN:         DE000A0Z23Q5
WKN:          A0Z23Q
Listed:       Regulated Market in Berlin, Dusseldorf, Frankfurt (General
              Standard), Hamburg, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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