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Munich, Germany, 30 September 2013 - On 30 September 2013, CANCOM SE signed
an agreement to acquire 100 percent of on line Datensysteme GmbH in Berlin,
Germany with effect from 30 September 2013.
on line Datensysteme GmbH operates primarily in Germany as an IT-system
house with a solution-based approach, that offers integrated solutions and
concepts in the area of IT infrastructure. The portfolio covers consulting,
integration & implementation, IT sourcing, services and support. The
company has positioned itself as a long-standing partner for the public
sector. In addition to the headquarter in Berlin, on line Datensysteme GmbH
maintains several service centers in Germany. The company employs 87 people
and achieved revenues of EUR 39.5 million in 2012 with an EBITDA of EUR 3.3
The purchase price will be paid by issuing 750,000 new CANCOM shares as
part of a capital increase through a contribution in kinds of CANCOM SE.
The capital increase in return for non-cash contributions will be executed
from Authorised Capital to the exclusion of subscription rights. By
acquiring on line Datensysteme GmbH CANCOM expects to generate synergies on
the one hand and on the other to expand market position in the north of
Germany. Furthermore CANCOM Group will be able to increase its business
with public sector clients.