Nemetschek SE acquires Norwegian software provider dRofus
Tue, 20 Dec 2016 11:55:51
Inside Information (AD-HOC Release): Nemetschek SE acquires Norwegian software provider dRofus
Nemetschek SE / Key word(s): Takeover
20-Dec-2016 / 11:55 CET/CEST
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Ad Hoc Report
Nemetschek acquires Norwegian software provider dRofus
- dRofus is a leading software provider for BIM-based program, equipment
and data management for the building industry
- High-level strategic fit to address the needs of building owners more
strongly
Munich, December 20, 2016 - Software provider Nemetschek SE (ISIN
DE0006452907) has agreed today to acquire 100% of the shares of dRofus AS,
headquartered in Oslo, Norway. dRofus offers a unique planning, data
management and Building Information Modeling (BIM) collaboration tool. The
company provides all stakeholders with comprehensive workflow support and
access to building information throughout the building lifecycle including
the handover to facility managers - all on a single and central cloud-based
platform.
dRofus is a globally operating company with focus on Europe, the US and
Australia. The customer base of dRofus includes public and private building
owners, designers, engineers and contractors. dRofus has already
established a dominant position in the construction of healthcare
facilities and airports. Through worldwide BIM initiatives and government
regulations, building owners are meanwhile taking a leading position in the
adoption of BIM technologies. dRofus is a complementary tool to all
Nemetschek solutions and can ease the acquisition of new customers for both
sides.
dRofus AS was founded in 2011 and has 28 employees. The subsidiaries in the
US, Australia and Sweden are regional sales and support offices. For the
year 2016, dRofus anticipates revenues amounting to around EUR 4.5 million,
an increase of more than 40% compared to the previous year. An operating
margin (EBITDA margin) of approximately 25% is expected for 2016. The
purchase price for 100% of the shares amounts to about EUR 24.5 million
(cash-/debt-free). The financing of the purchase price is provided by the
company's own capital resources and by the use of lines of credit. The
acquisition is expected to be closed by the beginning of January 2017.
For further information on the company, please contact:
Contact:
Stefanie Zimmermann
Director Investor Relations & Corporate Communication
NEMETSCHEK SE
Konrad-Zuse-Platz 1
81829 Munich
P: +49 89 92793-1229
M: +49 175 7211197
szimmermann@nemetschek.com
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Language: English
Company: Nemetschek SE
Konrad-Zuse-Platz 1
81829 München
Germany
Phone: +49 (0)89 92 793-0
Fax: +49 (0)89 927 93-5200
E-mail: investorrelations@nemetschek.com
Internet: www.nemetschek.com
ISIN: DE0006452907
WKN: 645290
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service