DGAP-News: All for One Midmarket AG as Automotive Service Provider Fully Integrated in CROSS Industries AG's Strategy
(firmenpresse) - All for One Midmarket AG / Strategic Company Decision/Alliance
19.04.2010 09:21
Dissemination of a Corporate News, transmitted by
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All for One Midmarket AG as Automotive Service Provider Fully Integrated in
CROSS Industries AG's Strategy
Austrian industrial holding company to focus on automotive sector / Key
role for automotive specialist and SAP full-service provider All for One
Midmarket AG / First step already taken by taking over SAP software
maintenance at CROSS subsidiary Peguform
Filderstadt / Wels, 19 April 2010 - In line with its latest strategy, the
Austrian industrial holding group CROSS Industries AG, Wels, will soon be
turning its focus to the automotive sector. All for One Midmarket AG has
assumed an important role in this further expansion of the group, which
expects to increase its sales revenues from more than EUR 800 million to
more than EUR 2 billion despite the intended sale of non-strategic equity
holdings this financial year. In a first step, All for One Midmarket AG, as
an automotive specialist and SAP full-service provider, has taken over the
software maintenance and support of the globally deployed SAP systems of
Peguform GmbH, Bötzingen. Peguform GmbH is a supplier to the automotive
industry and Europe's leading plastics processor. It employs around 7,000
people, most recently posted sales revenues of some EUR 1.4 million and,
like All for One Midmarket AG, is majority-owned by CROSS Industries AG.
»The equity interestthat we hold indirectly in All for One Midmarket AG,
through BEKO HOLDING AG, gives our group the kind of outstanding SAP
expertise in the automotive sector that we need right now to develop the IT
side of our focus strategy,« explained CROSS Industries CEO Stefan Pierer
recently in conjunction with press briefings. All for One Midmarket AG CEO
Lars Landwehrkamp expects All for One's new role within the CROSS Group to
include involvement beyond Peguform in IT projects with companies in the
group's vehicle manufacturing segment. This segment consists of the CROSS
holdings in KTM Power Sports AG and Pankl Racing Systems AG and forms
another pillar of CROSS Industries' future automotive strategy along with
its plastics processing segment (Peguform GmbH).
About All for One Midmarket AG
All for One Midmarket AG which operates primarily in Germany, Austria and
Switzerland, is an IT full-service provider for the mid-size business
market. Market observers rank All for One amongst the leading players in
the German-language SAP midmarket segment. Focused on manufacturing and
project services companies, All for One serves over 1,000 clients. Its
portfolio comprises end-to-end solutions along the whole of the IT value
chain - from SAP industry solutions for the midmarket to outsourcing
services and application management. With over 400 employees, All for One
Midmarket AG achieved a Group turnover of EUR 54.7 million in the short
financial year from 1 January to 30 September 2009.
Allfor One Midmarket AG is listed in the Prime Standard segment of the
Frankfurt Stock Exchange (ISIN DE0005110001, WKN 511 000) and is a
subsidiary of BEKO HOLDING AG, which owns approximately 66% of its stock.
www.all-for-one.com/english
For the Editorial Department
An extensive picture gallery can be found under
www.all-for-one.com/press-photos
Contact:
All for One Midmarket AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, E-Mail
dirk.sonntag(at)all-for-one.com
19.04.2010 09:21 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: All for One Midmarket AG
Gottlieb-Manz-Straße 1
70794 Filderstadt-Bernhausen
Deutschland
Phone: +49 (0)711 78 807-260
Fax: +49 (0)711 78 807-222
E-mail: dirk.sonntag(at)all-for-one.com
Internet: www.all-for-one.com
ISIN: DE0005110001
WKN: 511000
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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Datum: 19.04.2010 - 09:21 Uhr
Sprache: Deutsch
News-ID 19231
Anzahl Zeichen: 0
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Kategorie:
Business News
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