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ALLGEIER SE / Key word(s): Acquisition
27.01.2014 / 09:57
Munich, January 27, 2014 – Xiopia GmbH, a subsidiary of Allgeier SE, took over WK EDV GmbH based in Ingolstadt/Neuburg a.d. Donau effective as of January 1, 2014.
WK EDV GmbH is specialised in custom software solutions for optimising business processes at large companies and SMEs. The portfolio focuses on IT solutions for complex audio-visual information systems, device management for mobile and fixed devices, mobile services as well as on the development of mobile software. The company is able to draw on strong competencies in the automotive sector.
WK EDV employs around 130 employees at its sites in Ingolstadt and Neuburg a.d. Donau. The company has grown continuously in terms of revenue and income over the last few years.
Allgeier SE is one of the leading IT companies for Business Performance today: Allgeier combines the advantages of an international provider with the merits of medium-sized companies with a growth strategy oriented consistently to innovations and future trends, and an integrative business model. Six operating divisions, each with their individual specialist or sector-related focal points, work together for more than 2,000 customers from almost all sectors. With more than 4,400 salaried employees and over 1,300 freelance IT experts, Allgeier, as a one-stop shop, offers customers a comprehensive portfolio of solutions and services. Allgeier’s customers include globally operating groups as well as innovative medium-sized operations that wish to secure strategic advantages through high-performing IT solutions, intelligent software and flexible personnel services. This high-growth company, which is based in Munich, Germany, operates at more than 100 sites in the German-speaking region, and at further locations in the rest of Europe, as well as in India, Mexico and the USA. Allgeier generated EUR 423 million of revenue in 2012. Allgeier SE was ranked first in the Lünendonk(R) List 2013 of ‘Leading German medium-sized IT consulting and system integration companies’. The Allgeier Experts Division ranks among the top three IT personnel service-providers in Germany according to the Lünendonk(R) 2013 market segment study ‘The market for recruiting, mediating and managing IT freelancers in Germany’. 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.
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