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All for One Group SE plans to acquire SAP service provider SNP Poland

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DGAP-News: All for One Group SE / Key word(s): Takeover/Alliance
16.12.2020 / 21:27
The issuer is solely responsible for the content of this announcement.

All for One Group SE plans to acquire SAP service provider SNP Poland

- All for One Group plans to acquire majority stake in SNP Poland

- Acquisition planned for the first quarter 2021

- Planned stake will drive even closer collaboration on SAP S/4HANA conversion between the two companies

- Acquisition will enable All for One Group to strengthen its international project and service provider business

Filderstadt, 16 December 2020 - All for One Group SE, leading consulting and IT group, plans to acquire the majority stake in SAP service provider SNP Poland from SNP Schneider-Neureither & Partner SE, Heidelberg, a world-leading provider of software solutions for digital transformation processes and automated data migration. The acquisition is planned for the first quarter 2021. For purchasing all the shares, both parties also intend to conclude mutual call and put options executable from the end of 2023 onwards. Both companies announced the acquisition today.

The planned acquisition of SNP Poland - a leading provider of SAP services in Poland with more than 400 employees - will further strengthen the close collaboration in the SAP S/4HANA conversion environment that already exists between All for One Group and SNP. Looking ahead, both companies see themselves as close and key partners of SNP Poland with different areas of expertise and a shared focus on an SAP S/4HANA conversion factory.

Driving growth: S/4HANA transformation and international projects

Lars Landwehrkamp, CEO of All for One Group, explains the rationale behind the acquisition: »We definitely want SNP Poland to support All for One Group in its efforts to grow. Primarily with its expertise in implementing the technical SAP S/4HANA conversions, which we will increasingly need for our large SAP customer base in the years to come, but also when executing major international projects, which are increasingly playing a greater role within our Group. In this international environment, SNP Poland and its 400 experts contribute not only manpower, but also years of experience«.

Deepening cooperation: Close partnership and collaboration between All for One Group and SNP

According to Michael Eberhardt, CEO of SNP, the planned sale of SNP Poland »is a further step in our evolution from a consultancy to a software house. It enables us to strengthen our focus on our SAP transformation business. By All for One Group taking this stake, we will not only gain valuable access to SMEs and the larger midmarket in the German-speaking (DACH) region; it will also extend our global reach - through the international customer base of All for One Group and its access to United VARs, the leading global alliance of SAP partners that was co-founded by All for One Group«.

»The acquisition is a win-win situation for everyone involved and will forge a close alliance between All for One Group and SNP. Closing out this exceptional year with this planned acquisition sends a strong message to the market, our customers and, not least, to both our corporate groups. I am delighted that we are taking this important step«, summarises All for One Group CFO Stefan Land.

About All for One Group SE

All for One Group SE (ISIN DE0005110001) enhances the competitive ability of its customers in a digital world. The Group unites strategic and management consulting, process consulting, industry insight and technology expertise, IT consulting and services under one roof. With market leading business software solutions based on SAP, Microsoft and IBM together with more than 1,850 experts, All for One Group SE orchestrates all aspects of competitive strength: intelligent Enterprise Resource Planning (ERP) as the digital core of any future-proof corporate IT, strategy, business model, customer & employee experience, new work, big data & analytics, but also IoT, artificial intelligence or cybersecurity & compliance. All for One Group SE is assisting more than 2,500 clients with their transformation and the expansion of their ability to compete. Market observers rank the leading consulting and IT group as the number 1 in the German-speaking SAP market. As a founding member of United VARs - the most powerful global alliance of SAP Partners - All for One Group SE also provides a comprehensive portfolio of consulting and other services, together with best-in-class local support in roughly 100 countries. All for One Group SE is listed in the Prime Standard on the Frankfurt Stock Exchange and achieved sales of EUR 355 million in the financial year 2019/20.
https://www.all-for-one.com

 




Contact:
All for One Group SE, Dirk Sonntag, Head of Corporate & Investor Relations, Tel. 0049 (0)711 78807-260, E-Mail dirk.sonntag@all-for-one.com


16.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:

English

Company:

All for One Group SE

Rita-Maiburg-Straße 40

70794 Filderstadt-Bernhausen

Germany

Phone:

+49 (0)711 78 807-260

Fax:

+49 (0)711 78 807-222

E-mail:

dirk.sonntag@all-for-one.com

Internet:

www.all-for-one.com

ISIN:

DE0005110001

WKN:

511000

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1155873


 

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