{"id":6477,"date":"2015-12-23T17:27:16","date_gmt":"2015-12-23T17:27:16","guid":{"rendered":"https:\/\/allgeier-se.seowerk.net\/?p=6477"},"modified":"2025-09-03T20:14:25","modified_gmt":"2025-09-03T18:14:25","slug":"allgeier-se-allgeier-divests-terna-subsidiary","status":"publish","type":"post","link":"https:\/\/allgeier-se.seowerk.net\/en\/adhoc-announcements\/allgeier-se-allgeier-divests-terna-subsidiary\/","title":{"rendered":"ALLGEIER SE: Allgeier divests terna subsidiary"},"content":{"rendered":"<pre>\n<b>ALLGEIER SE  \/ Key word(s): Disposal<\/b>\n\n23.12.2015 18:27\n\nDissemination of an Ad hoc announcement according to \u00a7 15 WpHG, transmitted\nby DGAP - a service of EQS Group AG.\nThe issuer is solely responsible for the content of this announcement.\n\n---------------------------------------------------------------------------\n\nMunich, December 23, 2015 - As part of a management buyout, Allgeier SE\n(ISIN DE0005086300, WKN 508630) has today reached agreement with AE BG Rho\nHolding GmbH concerning the sale of Austrian company terna Holding GmbH\nalong with its subsidiaries terna GmbH - Zentrum f\u00fcr Business Software,\nwhich is based in Innsbruck (Austria), and terna Switzerland AG, which is\nbased in in Root (Switzerland), and has concluded a corresponding\nacquisition agreement. The transaction will be concluded prospectively\nbefore December 31, 2015.\n\nThe core business of terna comprises providing management consultancy\nservices to manufacturing and wholesale\/retail companies relating to the\nanalysis and optimisation of business processes, sales, and the\nimplementation and maintenance of business software, especially leading ERP\n(Enterprise Resource Planning) software. AE BG Rho Holding GmbH is backed\nup by terna's management team of many years' standing, and by the company's\nfinancing partners. The purchase price, which will lie within the normal\nmarket valuation range for the type of business being sold, will be paid\npredominantly in cash when the transaction is executed. A double-digit\namount in millions of euros will accrue to Allgeier from the transaction; a\nsmaller amount comprising a vendor loan will be granted. An earnout has not\nbeen agreed.\n\nAs part of lending the Allgeier Group's business a greater focus on the\ndevelopment and production of software solutions and the rendering of IT\nservices for customers in the Enterprise area and top-tier medium-sized\ncompanies, Allgeier has decided to leave terna as an independent corporate\ngroup, and divest it. Both parties are convinced that a continuation of the\nsuccessful business trends by the management offers the optimal environment\nfor further development and growth of the business. Both Allgeier and terna\nare open to a future cooperation in the area of ERP and CRM software for\nmedium-sized companies.\n\nContact:\n\nAllgeier SE\nCorporate Communications &amp; Investor Relations\nDr. Christopher Grosse\nWehrlestrasse 12\n81679 Munich\nTel.: +49 (0)89\/998421-0\nFax: +49 (0)89\/998421-11\nEmail: ir@allgeier.com\nWeb: www.allgeier.com\n\nAllgeier SE is one of the leading IT companies for Business Performance\ntoday: Allgeier combines the advantages of an international provider with\nthe merits of medium-sized companies with a growth strategy oriented\nconsistently to innovations and future trends, and an integrative business\nmodel. Operating divisions, each with their individual specialist or\nsector-related focal points, work together for more than 3,000 customers\nfrom almost all sectors. With a highly flexible delivery model, Allgeier\ncovers the full range of IT services, from on-site and nearshore through to\noffshore: A strong presence in India ensures flexibility and maximum\nscalability of the services, supplemented by highly qualified expertise in\nhigh-end software development. With more than 6,000 salaried employees and\naround 1,400 freelance IT experts, Allgeier, as a one-stop shop, offers\ncustomers a comprehensive portfolio of solutions and services. Allgeier's\ncustomers include globally operating groups as well as innovative\nmedium-sized operations that wish to secure strategic advantages through\nhigh-performing IT solutions, intelligent software and flexible personnel\nservices. This high-growth company, which is based in Munich, Germany,\noperates 100 sites in the German-speaking region, and at further locations\nin the rest of Europe, as well as in India, Singapore, Mexico and the USA.\nIn 2014 Allgeier generated EUR 428 million of revenue (continued\noperations), according to preliminary figures. Allgeier SE was ranked first\nin the L\u00fcnendonk(R) List 2015 of \"Leading German medium-sized IT consulting\nand system integration companies\". The Allgeier Experts division ranks\namong the top three IT personnel service-providers in Germany according to\nthe L\u00fcnendonk(R) 2015 market segment study \"The market for recruiting,\nmediating and managing IT freelancers in Germany\". The company is listed on\nthe regular market of the Frankfurt Stock Exchange in the General Standard\nsegment (WKN 508630\/ISIN DE0005086300). Further information is available on\nthe company's website at: www.allgeier.com.\n\n\n23.12.2015 The DGAP Distribution Services include Regulatory Announcements,\nFinancial\/Corporate News and Press Releases.\nMedia archive at www.dgap-medientreff.de and www.dgap.de\n\n---------------------------------------------------------------------------\n \nLanguage:     English\nCompany:      ALLGEIER SE\n              Wehrlestra\u00dfe 12\n              81679 M\u00fcnchen\n              Germany\nPhone:        +49 (0) 89 - 99 84 21 0\nFax:          \nE-mail:       info@allgeier.com\nInternet:     http:\/\/www.allgeier.com\nISIN:         DE0005086300\nWKN:          508630\nIndices:      CDAX\nListed:       Regulated Market in Frankfurt (General Standard); Regulated\n              Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart\n \nEnd of Announcement                             DGAP News-Service\n \n---------------------------------------------------------------------------\n\n<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Munich, December 23, 2015 &#8211; As part of a management buyout, Allgeier SE (ISIN DE0005086300, WKN 508630) has today reached agreement with AE BG Rho Holding GmbH concerning the sale of Austrian company terna Holding GmbH along with its subsidiaries terna GmbH &#8211; Zentrum f<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[56],"class_list":["post-6477","post","type-post","status-publish","format-standard","hentry","category-adhoc-announcements","tag-adhoc-announcements"],"_links":{"self":[{"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/posts\/6477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/comments?post=6477"}],"version-history":[{"count":4,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/posts\/6477\/revisions"}],"predecessor-version":[{"id":11119,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/posts\/6477\/revisions\/11119"}],"wp:attachment":[{"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/media?parent=6477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/categories?post=6477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allgeier-se.seowerk.net\/en\/wp-json\/wp\/v2\/tags?post=6477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}