All for One: acquires service provider SAP SNP Poland

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DGAP-News: All for One Group SE / Keyword (s): Takeover / Alliance

All for One Group SE acquires service provider SAP SNP Poland

30.09.2021 / 14:00
The issuer is solely responsible for the content of this advertisement.

All for One Group acquires service provider SAP SNP Poland

– All for One Group SE acquires majority stake in Polish leader in SAP services with a team of more than 400 employees

– Acquisition to boost the growth strategy, particularly in the field of SAP S / 4HANA transformation and for large international projects

– Transition of all actions planned from 2023

Filderstadt, September 30, 2021 – All for One Group SE, leader in consulting and IT, will acquire a majority stake of 51%, as of October 1, 2021, in SNP Poland Sp. Z oo, Suchy Las (Posen ), SNP Schneider-Neureither & Partner SE, Heidelberg, one of the world’s leading providers of software solutions for digital transformation processes and automated data migration. The parties have entered into reciprocal optional buy and sell agreements governing the full acquisition of all shares. The options can be exercised for the first time from the end of 2023. Neither company discloses the purchase price. The acquisition will be funded by cash.

SNP Poland is one of the leading SAP service providers in Poland with over 400 employees and over 400 customers. In the first six months of 2021, the company generated revenue of around 13 million euros and operating profit (EBIT) of 1.0 million euros. Recurring revenue from cloud and software maintenance services accounts for approximately 50% of all revenue.

Support for the growth strategy of the All for One Group: SAP S / 4HANA transformation and international projects

Lars Landwehrkamp, ​​CEO of All for One Group, explains the logic of the acquisition: “With its team of more than 400 colleagues, SNP Poland is extremely powerful when it comes to implementing the technical aspect of the SAP S / 4HANA conversions. And we will need more of that strength for our large SAP customer base in the years to come. At the same time, we will be supported in the realization of major international projects, which are taking up more and more space within our Group. SNP Poland can bring years of experience to this international environment. “

The transaction reflects the close partnership with SNP Schneider-Neureither & Partner SE

All for One Group and SNP Schneider-Neureither & Partner are partners who collaborate closely, especially in the field of SAP S / 4HANA transformations. The technical basis for the Conversion / 4 subscription model developed by All for One Group to ensure a secure and rapid migration to SAP S / 4HANA is provided by SNP’s BLUEFIELD (TM) transformation method, which is very well respected on the market. It is only recently that the partners extended their collaboration to include the common service of larger midsize customers.

In his summary of the transaction, Michael Zitz, Sales Director of All for One Group, explained that “this is testament to the close partnership between All for One Group and SNP. Through SNP Poland, we are delighted to have access to the resources we urgently need to drive our growth plans in strategically key business areas. We have successfully executed projects together and look forward to tackling many more in the future under the roof of All for One Group. “

About All for One Group SE
All for One Group SE (ISIN DE0005110001) takes the competitiveness of its customers in the digital world to the next level. The group brings together strategic and management advice, process advice, industry knowledge and technological expertise, IT advice and services under one roof. With market-leading enterprise software solutions based on SAP, Microsoft and IBM as well as more than 1,900 experts, All for One Group SE orchestrates all aspects of competitive strength: intelligent enterprise resource planning (ERP ) as the digital core of any future-proof enterprise IT. , strategy, business model, customer & employee experience, new job, big data & analytics, but also IoT, artificial intelligence or cybersecurity & compliance. All for One Group SE supports more than 2,500 clients in their transformation and the expansion of their competitiveness. Market watchers rank the leading consulting and IT group number one in the German-speaking SAP market. As a founding member of United VARs – the most powerful global alliance of SAP partners – All for One Group SE also provides a comprehensive portfolio of consulting and other services, as well as top-notch local support in approximately 100 countries. . All for One Group SE is listed on the Prime Standard of the Frankfurt Stock Exchange and achieved a turnover of 355 million euros in the 2019/20 financial year.
https://www.all-for-one.com/ir-english

Contact:
All for One Group SE, Dirk Sonntag, Head of Corporate & Investor Relations, Tel. 0049 (0) 711 78807-260, E-Mail [email protected]

30.09.2021 Distribution of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this advertisement.

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