SAP Systems Integration AG
SAP Systems Integr. AG english
SAP SI acquires majority share in beverage industry IT specialist
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SAP Systems Integration AG (SAP SI) will acquire COPA GmbH, Wesel, Germany. The
takeover is subject to the approval of the German Federal Antitrust Commission.
The international IT consulting enterprise has been providing solutions in the
beverage industry for some 20 years. As an SAP partner, COPA GmbH has been
involved in designing and developing the mySAP.com solution for this sector.
Together, SAP SI and COPA GmbH aim to provide the beverage sector in Germany and
abroad with effective end-to-end support for the implementation and integration
of SAP solutions. SAP SI and COPA GmbH will focus their search for new
customers on large companies involved in brewing, soft drinks manufacturing and
bottling, and drinks wholesaling.
SAP SI is only acquiring that part of COPA GmbH’s business which relates to SAP
solutions and software. Other COPA GmbH operations, which focus on providing
services to mid-size-companies, are being spun-off and relaunched in December
2001 as COPA Systeme GmbH. This will remain in the hands of COPA’s original
shareholders. COPA Systeme GmbH will concentrate on development, maintenance and
support of the company’s own IT solution, which has been installed at over 600
small and mid-size beverage enterprises.
Following the spin-off of COPA Systeme GmbH, COPA GmbH will focus exclusively on
SAP-related business. SAP SI will acquire COPA GmbH in three stages: Already
this year SAP SI will purchase the 25.1 percent of COPA GmbH owned by SAP AG
since 2000. On January 1, 2002, SAP SI will acquire 25.0 percent held by COPA’s
Managing Director Bernhard Fölting. On January 1, 2003, SAP SI will purchase the
remaining 49.9 percent. Both parties have agreed not to reveal the price of the
transaction.
Following the spin-off the company’s SAP-related business will employ a staff
of around 120 persons (pro forma). For fiscal 2001 (up to December 31, 2001),
pro forma revenue is expected to be between 18 and 19 million euros. The pro
forma operating profit margin will lie between four and five percent.
Further information:
SAP SI AG: Ulrich Assmann, member of the Executive Board +49 351 4811-301
Stephan Kahlhöfer, Investor Relations +49 351 4811-160
investor@sap-si.com
COPA GmbH: Bernhard Fölting, Managing Director +49 281 154-131
end of ad-hoc-announcement (c)DGAP 29.11.2001
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WKN: 501 111; Index: Nemax 50
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
291703 Nov 01
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