Thu, 21 Dec 2006 21:06:53
DGAP-Ad-hoc: Nemetschek plans acquisition of majority stake in Graphisoft
Nemetschek AG / Letter of Intent/Acquisition
Ad hoc announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Munich, December 21, 2006 – Nemetschek AG has reached an agreement with the
shareholders of the Hungarian company Graphisoft SE, allowing Nemetschek to
acquire a majority stake in Graphisoft (call option) on a acquisition price
of 9 EUR per share. Nemetschek is aiming for a strategic financial interest
in the Hungarian competitor Graphisoft, announced Gerhard Weiß, CEO of
Nemetschek AG. Subject to a successfull completion of the customary due
diligence review and the financing agreements, Nemetschek plans to exercise
its call option for the majority stake in Graphisoft shortly.
Graphisoft SE is headquartered in Budapest and specializes in software
solutions for building design. The company was founded in 1982 and today
has a staff of 260 with offices in Hungary, Germany, USA, Japan, Great
Britain, Spain and Finland. The company’s products are used by more than
100,000 customers in 82 countries. Graphisoft achieved sales revenues of 27
million euros in 2007 and is listed on the stock exchange in Budapest.
Nemetschek is headquartered in Munich and is the only vendor worldwide of
IT solutions that encompass the entire building design, construction and
management process. The product spectrum ranges from building design and
construction through to property and real estate management. The software
is used by over 170,000 renowned customers in 142 countries and 16
languages. In fiscal 2005, the group achieved sales of 99 million euros.
81829 Munich, Germany
Phone +49 (0)9 – 89 27 93 1219
Fax +49 (0)89 -9 27 93 5404
Issuer: Nemetschek AG
81829 München Deutschland
Phone: +49 (0)89 92 793-0
Fax: +49 (0)89 927 93-5200
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service