CompuGroup Medical Societas Europaea : SE acquires Italian company H&S Qualità nel Software SpA

DGAP-News: CompuGroup Medical SE / Key word(s): Acquisition CompuGroup Medical SE acquires Italian company H&S Qualità nel Software SpA 08.01.2020 / 13:13 The issuer is solely responsible for the content of this announcement. Koblenz / Piacenza (Italy), January 08, 2020 - CompuGroup Medical SE (CGM), a leading eHealth company worldwide, concluded a transaction to acquire 100% of H&S Qualità nel Software SpA on January 02, 2020. With the acquisition of the provider of telemedicine solutions and ICT services for domiciliary care providers, CGM is expanding its portfolio to include powerful solutions for health and social-care providers. CompuGroup Medical acquired 100% of the shares of H&S Qualità nel Software SpA, based in Piacenza, Italy. The former owner and the team stay on board to further develop and expand the company's solutions and potential. H&S specializes in telemedicine, patient telemonitoring and Ambient Assisted Living for elderly with turnkey solutions supports private and public providers to deliver the best health and care services, optimizing processes and costs. The company also offers customized projects and manages information systems for the main Italian domiciliary care providers as a trusted third party. "H&S's products will be a valuable supplement to our existing product portfolio for social care and care management", says Hannes Reichl - CGM Board Member Clinical & Social Care. "Customers will profit significantly from the additional possibilities offered by telemedicine, telemonitoring and AAL", adds Mr. Reichl. With this acquisition, CGM strengthens its team in the Italian market and is opening up new strategic options to synchronize health, social-care providers and care recipients. CGM acquired H&S after the demerge of its non-healthcare related activities. In 2018, H&S's healthcare segment had revenues of approximately EUR 2.9 million with an EBITDA of approximately EUR 0.8 million.   About CompuGroup Medical SE CompuGroup Medical is one of the leading eHealth companies in the world. With a revenue base of approximately EUR 717 million in 2018, its software products are designed to support all medical and organizational activities in doctors' offices, pharmacies, laboratories and hospitals. Its information services for all parties involved in the healthcare system and its web-based personal health records contribute towards safer and more efficient healthcare. CompuGroup Medical's services are based on a unique customer base of more than 1 million health professionals as users, including doctors, dentists, pharmacists and other service providers in inpatient and outpatient facilities. With locations in 19 countries and products in 56 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. More than 5,500 highly qualified employees support customers with innovative solutions for the steadily growing demands of the healthcare system.   CompuGroup Medical SE Contact for media representatives: Michael Franz Head of Brand Communication P [phone] F [phone] E-mail: [e-mail] Contact for analysts and investors: Claudia Thomé Head of Investor Relations P [phone] F [phone] E-mail: [e-mail] Web: www.cgm.com Social media: Visit us on Twitter, LinkedIn and XING You can reach our press archive at: Press releases CGM Group: https://www.cgm.com/corp/presse/presseinformationen/Presse.en.jsp   08.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	CompuGroup Medical SE
	Maria Trost 21
	56070 Koblenz
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.cgm.com
ISIN:	DE0005437305
WKN:	543730
Indices:	MDAX, TecDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	948905

End of News	DGAP News Service

948905  08.01.2020