ALLGEIER HOLDING AG \/ Key word(s): Acquisition<\/b>02.08.2011 13:11Dissemination of an Ad hoc announcement according to \u00a7 15 WpHG, transmittedby DGAP – a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.—————————————————————————Munich, 2 August 2011 – Munich-based Allgeier Holding AG (ISIN:DE0005086300; WKN 508630) today signed an agreement with the shareholdersof IT solution provider GEMED Gesellschaft f\u00fcr medizinischesDatenmanagement mbH to acquire all the shares in the company. The purchaseprice for the Ulm (Germany) based company is in the lower single-digitmillion range; part of the price will be an earn-out payment based onachieving future objectives. The transfer of shares (closing) is dependenton compliance with the usual contractual terms and is expected to becompleted within the next few days.Through this acquisition of GEMED, Allgeier Group is further strengtheningtheir market position and their existing service portfolio as an IT serviceprovider for the healthcare market. GEMED develops, produces and implementsmodular ‘Picture Archiving and Communication Systems’ (PACS) which are usedin hospitals, radiology units and orthopaedic centres.With over 500 systems installed in Germany and Switzerland, GEMED is aleading speciality supplier in the medical technology industry. In 2010,the company achieved sales of approx. EUR 3 million and over the years, ithas gained a track record of positive results and constant growth.The current owners of GEMED will serve as managing directors in the future.Contact:Allgeier Holding AGWehrlestr. 1281679 Munich \/ GermanyPhone +49 89 998421-0Fax +49 89 998421-11www.allgeier.comAllgeier Holding AG, with its headquarters in Munich, is one of the leadingconsultancy and service companies in the German-speaking countries. Withtheir units IT Solutions, IT Services & Recruiting and Project Solutions,Allgeier offers a comprehensive range of services from the initial conceptthrough implementation to the operation of IT landscapes. Allgeier Grouphas 17 operational subsidiaries with over 2,100 employees as well as morethan 1,400 freelance experts serving some 3,000 customers in virtuallyevery area of the economy. In Germany, the Group runs 52 subsidiaries aswell as 25 offices in Austria, Belgium, France, the Netherlands, Romania,Sweden, Switzerland and the Czech Republic as well as in India, Mexico andUnited States. During the 2010 financial year, Allgeier achieved sales ofEUR 308.7 million. According to L\u00fcnendonk’s market segment survey in 2010,Allgeier ranks no. 2 among the medium-sized IT service companies and no. 2among IT recruitment companies in Germany. The company is listed at theFrankfurt Stock Exchange.02.08.2011 DGAP’s Distribution Services include Regulatory Announcements, Financial\/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de————————————————————————— Language: EnglishCompany: ALLGEIER HOLDING AG Wehrlestra\u00dfe 12 81679 M\u00fcnchen GermanyPhone: +49 (0) 89 – 99 84 21 0Fax: +49 (0) 89 – 99 84 21 11E-mail: info@allgeier.comInternet: http:\/\/www.allgeier.comISIN: DE0005086300WKN: 508630Indices: CDAXListed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, D\u00fcsseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service —————————————————————————<\/p>\n","protected":false},"excerpt":{"rendered":"
Munich, 2 August 2011 – Munich-based Allgeier Holding AG (ISIN: DE0005086300; WKN 508630) today signed an agreement with the shareholders of IT solution provider GEMED Gesellschaft f\u00fcr medizinisches Datenmanagement mbH to acquire all the shares in the company. The purchase price for the Ulm (Germany)<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":219,"menu_order":0,"comment_status":"close","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-9237","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\n