Qurius and Prodware take the next step
(Thomson Reuters ONE) -
PARIS/ZALTBOMMEL - July 11th, 2011 - Qurius and Prodware announce the
establishment of a strategic alliance. After building up a track record of
common business achievements over the past 5 months Prodware and Qurius are now
taking the next step towards the creation of an EMEA champion in business
solutions and applications. This alliance will be driven by the management of
the two groups and follows the announcement made on February 8th when the
companies entered into exclusive discussions. The key objective of this alliance
is to create significant synergies.
In this next step, the alliance will be substantiated by the following:
* Qurius and Prodware have agreed that it is important to provide Qurius'
management team with a strong industrially focused stakeholder that can help
reinforce the company. In this context Parcom Capital of the Netherlands,
currently the largest shareholder of Qurius, supports this strategic move
and is willing to facilitate it through an exchange of shares in which
Parcom will sell a part of their interest in Qurius to Prodware in exchange
for an interest in Prodware. To establish this, Prodware will issue new
shares and sell these to Parcom after which Parcom will be holding a stake
of 6% in Prodware. As a result of this transaction Prodware will become the
largest shareholder in Qurius with a stake of 17,1%, instead of 9% before.
After the transaction Parcom will be holding 7,2% of Qurius shares.
* The Supervisory Board of Qurius invites Mr. Philippe Bouaziz, chairman of
the Board of Prodware, to assume the role of advisor to the Qurius
Supervisory Board with immediate effect and plans to nominate, at the next
shareholders meeting, Mr. Bouaziz for a full membership of the Qurius
Supervisory Board.
* With immediate effect Mr. Leen Zevenbergen, CEO of Qurius, will become a
member of the executive strategic committee of Prodware where he joins,
amongst others, Mr. Alain Conrard, CEO of Prodware.
Both groups own and distribute powerful industry focused business solutions that
have a strong growth potential. Based on the best and latest technologies, These
solutions are comprehensive, much more simple and cost effective to deploy and
implement. Compared to standard market solution that need a lot specific
customization. Such an IP (Intellectual Property) focused business model is
considered to be of growing importance for the future competitive position of
the two companies. Qurius and Prodware will thus invest in further development
of IP and will join forces to accelerate the potential revenue and margins
generated by such products and solutions. The two companies have specifically:
* Signed an agreement to jointly and cross distribute respective IP and
together develop new solutions for key high potential markets. In the course
of this year they plan to create a joint venture for the distribution of
such IP through the Microsoft partner channel.
* Planned to sign a teaming agreement to provide both local and international
customers and partners with the full range of resources and expertise that
both companies have at their disposal. This will include all entities of
both companies and not just the respective near-shore operations that Qurius
and Prodware are currently already sharing.
Mr. Leen Zevenbergen, CEO of Qurius, confirms that: "The substantiation of this
commitment gives both companies a much better position towards our business
partners and especially to the Microsoft Business Solution ecosystem that will
now clearly identify the Prodware & Qurius strategic alliance as one partner."
Mr. Alain Conrard, CEO of Prodware, comments, "We are proud to see that the
asset management subsidiary of ING, Parcom Capital, validates our strategic
vision of building a European champion. We are working hard with Leen and our
teams to, step by step and with the right timing, build this champion and thus
maximize value for our stakeholders. The synergies and energy between our
respective "countries" is already high and generating a lot of value. This step
will allow us to accelerate further."
Qurius N.V.
Qurius provides IT solutions: design, architecture, infrastructure,
implementation and system management of Microsoft-based business and IT
solutions. From our head office in Zaltbommel we serve clients throughout
Europe, including Belgium, Germany, Austria, The Netherlands, Spain, the United
Kingdom and the Czech Republic. In 2010, we openly communicated our objective of
achieving 100% sustainable operations by 2014. In this way, we want to become
the leading European organisation in sustainable IT. We work with clients and
partners who are equally ambitious and have the same sustainability objectives.
Qurius has been listed on the Euronext Amsterdam since 1998. For more
information visit www.qurius.nl
Prodware S.A.
Founded in 1989, PRODWARE (www.prodware.fr) creates, integrates and hosts IT
solutions for businesses. This activity is exercised in a sector where success
necessitates a blend of strong IT expertise and industry specific know-how,
specifically in administrative and management processes.
PRODWARE already helps more than 15,000 active clients and is the key actor and
partner for the installation and management of global IT solutions and
applications. Present in 9 countries and through strong strategic alliances the
group accompanies enterprises in their international deployment.
A good corporate citizen Prodware joined the United Nations Global Compact in
2009.
Contact
Qurius N.V., Geerd Schlangen, Chief Brand Officer,g.schlangen(at)qurius.com;
office: +31 418 68 35 00, mobile. +31 6 51 69 99 02
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Qurius N.V. via Thomson Reuters ONE
[HUG#1530148]
Unternehmensinformation / Kurzprofil:
Datum: 11.07.2011 - 17:43 Uhr
Sprache: Deutsch
News-ID 56302
Anzahl Zeichen: 6932
contact information:
Town:
Zaltbommel
Kategorie:
Business News
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