Investor Relations
DGAP-Adhoc: Allgeier SE: Acquisition in the Technology segment


DGAP-Ad-hoc: ALLGEIER SE / Key word(s): Takeover
Allgeier SE: Acquisition in the Technology segment

08-Jan-2018 / 18:36 CET/CEST
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The issuer is solely responsible for the content of this announcement.


Munich, 8 January 2018 - Allgeier SE, Munich (ISIN DE000A2GS633, WKN A2GS63)
announces: Today Allgeier's Nagarro division has entered via its subsidiary,
Nagarro Austria Beteiligungs GmbH, into a purchase agreement for the
acquisition of 100% of the shares in ANECON Software Design und Beratung
GmbH, Vienna. With sales of EUR 16 million, Anecon is one of the leading
software development and consulting companies in the Austrian market. The
acquisition is subject to antitrust clearance in Austria and other closing
conditions. The execution of the purchase contract is expected in the next
four to six weeks. The purchase price amounts to a one-digit million euro
amount and is divided into parts due on closing and later earned earn-out

Driven by global digitization and rapid technological development, there is
a high demand for agile consulting, software development and testing
services.Topics such as the targeted use of big amounts of data and the
inclusion of artificial intelligence mean rapid changes for many business
models and IT systems.

In light of these market opportunities, the acquisition of Anecon is a first
step in 2018 for a further significant expansion of Allgeier's Technology


Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Große
Wehrlestraße 12
81679 München
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11

Allgeier SE is one of the leading IT companies for digital transformation:
with a growth strategy oriented to innovations and future trends, as well as
an integrative business model, Allgeier exploits the opportunities that
digitalization offers. Three operating segments with individual specialist
and sector-related focus areas work together for around than 3,000 customers
from almost all business sectors. With over 6,800 salaried employees and
more than 1,300 freelance experts, Allgeier offers its customers an
extensive one-stop-shop range of solutions and services. Based on a highly
flexible delivery model, Allgeier covers the entire IT service spectrum from
on-site through to nearshore and offshore: with a strong business pillar in
India, the company secures flexibility and maximum scalability of services,
as well as highly qualified high-end software development expertise.
Allgeier customers include globally operating groups as well as innovative
medium-size business operations that aim to secure strategic advantages
through high-performance IT solutions, intelligent software and flexible
personnel services. This Munich-based, fast-growing Group maintains more
than 100 branches in the region of Germany, Austria and Switzerland, in nine
further European countries, as well as in India, Singapore, Vietnam,
Malaysia, Japan, Australia, Mexico and the USA. Allgeier generated EUR 498
million of revenue in its continuing operations in 2016. Allgeier SE ranks
first in the 2017 Lünendonk(R) special analysis of "Leading German
Medium-Sized IT Consultants and System Integrators". According to the
Lünendonk(R) 2017 market segment study "The Market for Recruiting, Mediating
and Managing IT Freelancers in Germany", Allgeier Experts ranks among
Germany's top three IT personnel service providers. Allgeier SE is listed on
the Regulated Market of the Frankfurt Stock Exchange (WKN A2GS63, ISIN
DE000A2GS633). For more information, visit:


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   Language:    English
   Company:     ALLGEIER SE
                Wehrlestraße 12
                81679 München
   Phone:       +49 (0) 89 - 99 84 21 0
   Fax:         +49 (0) 89 - 99 84 21 11
   ISIN:        DE000A2GS633
   WKN:         A2GS63
   Indices:     CDAX
   Listed:      Regulated Market in Frankfurt (General Standard);
                Regulated Unofficial Market in Berlin, Dusseldorf,
                Hamburg, Stuttgart, Tradegate Exchange

   End of Announcement    DGAP News Service

643707 08-Jan-2018 CET/CEST