Munich, May 16, 2012 – Allgeier-owned IT service companies TOPjects, Softcon and Xiopia plan to significantly expand and enhance their service portfolio. The successful collaboration implemented for many years is to be organised and developed under the common umbrella of a new division in future. By bundling capabilities, a new generation of integrated IT service provider will be created. The Allgeier Services Division will provide a comprehensive portfolio of services from a single source covering strategic IT consulting, software development, managed services and application and infrastructure offerings. The companies aim to maintain their growth course in the new division and to take up a market-leading position. With around 300 employees and a further 450 freelance specialists at twelve sites (Munich, Berlin, Hamburg, Cologne, Frankfurt, Dortmund, Nuremburg, Leipzig and Timisoara), the three companies posted revenues of around EUR 80 million in 2011.
By establishing the Allgeier Services Division, Allgeier Holding SE (WKN 508630 / ISIN DE0005086300) is continuing to pursue its strategy of divisional reorganisation of its proven services and offerings. Allgeier is thus combining the industry expertise and client proximity of medium-sized entities with the performance levels and flexibility of a listed group. By pursuing the strategy of greater divisional organisation, Allgeier is focusing on growth and is at the same time able to systematically enter and develop key future areas. Its clients are the main driving force in this process. Allgeier aims to further enhance its performance levels and excellence to provide even better solutions to their requirements in future.
The new Allgeier Services Division aims to continue its regional diversification and to provide flexible near-shore solutions. Above all, the scalability of service offerings is to be further improved. “By bundling our resources and services, we will create a clearer structure for our extensive portfolio and continue to develop in line with our full-service approach. Our clients will be the principal beneficiaries of these valuable synergies”, remarked Stephan Bals, Managing Director of Xiopia GmbH.
The newly devised growth strategy is based on strict sector focus and addresses high-growth, innovative fields of technology in addition to the core business. The new division intends to further expand its already strong market position in the areas of infrastructure services, software development, managed services, strategic IT consulting and implementation as well as business intelligence solutions. New client acquisition in the banking, telecommunications and automotive sectors confirm the current strategy.
The acquisition of Skytec AG in Oberhaching at the start of the year was the first indication of a significant, sustainable growth trend. Skytec has significantly extended the new division’s service and client portfolio. Further strategic takeovers are planned in future to drive forward the division’s rapid expansion.
Contact:
Allgeier Holding SE
Dr. Christopher Große
Wehrlestr. 12
81679 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
Email: ir@allgeier.com
Web: www.allgeier.com
Munich-based Allgeier Holding SE is one of the leading consulting and service companies in the German-speaking region. With more than 2,500 employees and around 1,500 freelance IT experts, Allgeier offers its customers a complete service approach spanning design, implementation, and through to the operation of IT landscapes. Fourteen corporate units, each with its own specialist and sector-related focus, work together for more than 2,000 customers from almost all sectors. Allgeier combines the expertise and local presence of medium-sized company units with the performance strength and flexibility of a listed company. This high-growth company currently operates at more than 50 sites in the German-speaking region, and at 23 further locations in the rest of Europe, as well as in India, Mexico and the USA. The company is listed on the regular market of the Frankfurt Stock Exchange in the General Standard segment (WKN 508630 / ISIN DE0005086300). Further information is available on the company’s website at: www.allgeier.com.