S&T Syst. Integ. & Tech. Distr. AG
S&T Syst. Integ. & Tech. Distr. AG: S&T Acquires Grall Group
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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S&T Acquires Grall Group
S&T strengthens its market position in the Czech Republic
April 28, 2006. Vienna – Prague. Effective with 2nd Quarter 2006 S&T System
Integration & Technology Distribution AG will acquire 100% of the shares in
the Grall Group, a leading system integrator in the Czech Republic.
Grall is one of the leading system integrators in the Czech IT-market with
a strong focus on IT-infrastructure solutions and managed services. With
more than 100 employees Grall has offices in Prague, Liberec, Brno,
Teplice, Ostrava and Zlin.
Due to the complementary nature of the two companies’ business activities
the acquisition will enable S&T and Grall to set the pace on the Czech
IT-market with a portfolio that is more attractive for both existing and
new clients.
“Grall fits seamlessly into S&T’s system integration business, enabling us
to offer our customers a broader portfolio and all the advantages that come
from an improved nationwide coverage and the support provided by an
IT-group which does business in 19 Central and East European countries with
more than 2,000 employees,” said Christian Rosner, CEO of S&T AG.
“Having S&T as a strategic partner for Grall is a part of our growth
strategy,” said Jaroslav Safranek, CEO of Grall Goup. “The cooperation of
all highly skilled staff and the commitment of the management team at Grall
will guarantee future common success and customer satisfaction,” he added.
The parties have agreed not to release details of the purchase price. This
transaction is subject to the approval of the cartel authority.
About S&T – www.snt.at – XETRA VIENNA: SNT
With some 2,000 employees S&T is the leading provider for IT solutions and
services for customers in Central and Eastern Europe. The company develops
and implements custom-tailored IT solutions for large and medium-sized
telecommunications companies, banks, power utilities, manufacturing
companies and public institutions. Through our subsidiaries in 19 countries
we realize cross-border IT structures, offering our clients outstanding
solutions and service competence.
For further information please contact:
Christian Rosner Margit Hermentin
Chief Executive Officer Head of Investor Relations and
T: +43 (0)1 367 80 88 Corporate Communications
Christian.Rosner@snt.at T: +43 (0)1 367 80 88-1024
M: +43 (0)664 112 36 36
margit.hermentin@snt.at
S&T SYSTEM INTEGRATION & TECHNOLOGY DISTRIBUTION AG
Geiselbergstrasse 17-19
1110 Vienna
Austria
(c)DGAP 28.04.2006
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language: English
emitter: S&T Syst. Integ. & Tech. Distr. AG
Geiselbergstraße 17-19
1110 Wien Österreich
phone: +43 1 367 80 88
fax: +43 1 367 80 88 1099
email: margit.hermentin@snt.at
WWW: www.snt.at
ISIN: AT0000905351
WKN: 915194
indexes: ATX
stockmarkets: Amtlicher Markt in Wiener Börse; Freiverkehr in
Berlin-Bremen, München, Stuttgart; Open Market in Frankfurt
End of News DGAP News-Service
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