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Latest news about adesso SE

Dortmund, 18.07.2013

adesso integrates business of GmbH subsidiary within the scope of an asset deal / Sector-specific SAP consulting for energy and water utilities now part of unified brand and management at adesso

adesso AG / Key word(s): Strategic Company Decision/Investment

18.07.2013 / 11:32


After adesso AG increased its stake in GmbH to 100 percent in June
2013, the subsidiary's entire business will be integrated into adesso AG as
of August 1, 2013 as part of an asset deal.'s consulting and
development services for energy and water utilities will become part of
adesso's existing portfolio and form a separate unit, Utilities, within the

The objective of this move is to integrate the long-established experience
and outstanding expertise of GmbH's professionals and thereby
bolster adesso's offering of SAP-related technologies. The merger will
enable the more efficient exploitation of synergy effects as adesso already
has a number of customers in the energy sector and has worked closely with GmbH on several interfaces. The merger means the new unit will be a
single source for and adesso's portfolio of services, enabling these
to be better tailored to suit clients' requirements in the industry. It
will also be expected to streamline certain processes and so further
improve figures at the Utilities unit vis-à-vis the current performance of GmbH.

adesso plans to pool key services for adesso Group and clients within GmbH.

The Executive Board

Martin Möllmann
Manager Investor Relations
Tel.: +49 231 930-9330

End of Corporate News


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Language:    English                                             
Company:     adesso AG                                           
             Stockholmer Allee 24                                
             44269 Dortmund                                      
Phone:       +49 (0) 231 930-9330                                
Fax:         +49 (0) 231 930-9331                                
ISIN:        DE000A0Z23Q5                                        
WKN:         A0Z23Q                                              
Listed:      Regulierter Markt in Berlin, Düsseldorf, Frankfurt  
             (General Standard), Hamburg, Stuttgart              
End of News    DGAP News-Service  
221788 18.07.2013                                                      

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