Wolters Kluwer to Acquire SBS Software in Germany
(Thomson Reuters ONE) -
Acquisition expands position in tax & accounting software for tax advisors
December 19, 2014 - Wolters Kluwer announced today that it has reached an
agreement to acquire SBS Software GmbH, a leading German provider of accounting
and payroll solutions. Based in Bretten, Germany with a 40-year history, SBS
Software has more than 100 employees and serves over 6,000 customers. Closing of
the acquisition is expected in January 2015.
Ralf Gärtner, Managing Director Wolters Kluwer Tax & Accounting in Germany,
says: "The acquisition of SBS Software aligns with our strategy of expanding our
leading, high growth position in tax and accounting software, and in particular
strengthens our core business serving tax advisors in Germany. Wolters Kluwer
has had a long-standing business relationship with SBS Software, which will
facilitate the integration process. All SBS product lines and distribution
partnerships will continue to be supported under Wolters Kluwer". SBS Software's
main products are SBS Lohn plus for payroll accounting and SBS Rewe neo for
financial accounting.
Media Investors/Analysts
Friedrich Koopmann Meg Geldens
t +49 89 36007 3661 t + 31 172 641 407
fkoopmann(at)addison.de ir(at)wolterskluwer.com
About Wolters Kluwer
Wolters Kluwer had 2013 annual revenues of ?3.6 billion ($4.7 billion), employs
approximately 19,000 people worldwide, and maintains operations in over 40
countries across Europe, North America, Asia Pacific, and Latin America. Wolters
Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are
quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100
indices.
Wolters Kluwer Tax & Accounting, a division of Wolters Kluwer, is the leading
provider of premier information, research, and software tools in the global tax
and accounting arena. Tax, accounting, and audit professionals who serve as
trusted advisors to clients and businesses worldwide rely on authoritative
content and integrated workflow solutions from global leader Wolters Kluwer Tax
& Accounting.
Forward-looking Statements
This report contains forward-looking statements. These statements may be
identified by words such as "expect", "should", "could", "shall" and similar
expressions. Wolters Kluwer cautions that such forward-looking statements are
qualified by certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the forward-looking
statements. Factors which could cause actual results to differ from these
forward-looking statements may include, without limitation, general economic
conditions; conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological developments;
the implementation and execution of new ICT systems or outsourcing; and legal,
tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as
risks related to mergers, acquisitions, and divestments. In addition, financial
risks such as currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of factors
should not be construed as exhaustive. Wolters Kluwer disclaims any intention or
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
PDF version of Press Release:
http://hugin.info/130682/R/1881633/663857.pdf
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wolters Kluwer NV via GlobeNewswire
[HUG#1881633]
Unternehmensinformation / Kurzprofil:
Datum: 19.12.2014 - 10:00 Uhr
Sprache: Deutsch
News-ID 360748
Anzahl Zeichen: 4465
contact information:
Town:
Alphen aan den Rijn
Kategorie:
Business News
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"Wolters Kluwer to Acquire SBS Software in Germany"
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