DGAP-News: CANCOM SE / Key word(s): Mergers & Acquisitions/Expansion
CANCOM acquires IT system house Anders & Rodewyk

14.12.2020 / 08:00
The issuer is solely responsible for the content of this announcement.


CANCOM acquires IT system house Anders & Rodewyk 

- CANCOM acquires system house in Hanover with Germany-wide customer
- Anders & Rodewyk benefits from access to CANCOM portfolio
- Founders remain in operational responsibility for the Hanover site


Munich, 14 December 2020 - CANCOM takes over Anders & Rodewyk Das Systemhaus für Computertechnologien GmbH. The Hanover-based system house with around 70 employees generates an annual turnover of EUR 27 million with an EBITDA of EUR 2.4 million throughout Germany. The extensive customer base consists primarily of customers in the health and education sector as well as medium-sized businesses. The main focus of the company's offerings is on data center infrastructure and related integration and consulting services. The transaction is still subject to the approval of the German Federal Cartel Office.

With this purchase, CANCOM is expanding its presence in northern Germany and strengthening the portfolio of Anders & Rodewyk by creating an access to CANCOM's service offerings. With this acquisition, CANCOM is continuing its strategic path of strengthening existing markets. The integration of Anders & Rodewyk consolidates the national presence and is a step towards market consolidation in Germany.

"With this acquisition, we are gaining new colleagues with great expertise and experience in the data center environment," says Rudolf Hotter, CEO of CANCOM. "The customer base and the high-quality, high-margin business with data center-related services are an excellent fit for CANCOM.

The founders and shareholders of Anders & Rodewyk - Bernward Anders and Jens Rodewyk - and their employees become part of CANCOM. This gives the company access to the entire CANCOM portfolio.

"Within the CANCOM structure, we will quickly be able to leverage synergies with our data center solutions," says Bernward Anders. "Our customers will benefit from the addition of the CANCOM portfolio. This will enable us to provide our customers with even more comprehensive support. We are looking forward to working with you".


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About Anders & Rodewyk
Since its foundation in 1987, the system house Anders & Rodewyk has been developing holistic IT solutions for medium-sized companies, public institutions and authorities specializing in storage and virtualization. This also includes server and network infrastructures as well as solutions from Microsoft and Citrix. Anders & Rodewyk is a NetApp Star Partner with certification as a support and service partner.

About CANCOM
As a Digital Transformation Partner, CANCOM accompanies companies into the digital future. CANCOM helps customers to reduce the complexity of their IT and to expand their business success by using state-of-the-art technology. In order to meet the IT requirements of companies, organizations and the public sector holistically, CANCOM offers tailor-made IT from A to Z from a single source.
The more than 4,000 employees of the internationally active CANCOM Group worldwide and an efficient partner network guarantee market presence and customer proximity in Germany, Austria, Switzerland, Belgium, Great Britain and the USA, among other countries. The CANCOM Group is managed by Rudolf Hotter (CEO) and Thomas Stark (CFO). The company's headquarters are in Munich. CANCOM generates an annual turnover of approximately 1.5 billion euros and the parent company CANCOM SE is listed on the Frankfurt Stock Exchange in the MDAX and TecDAX (ISIN DE0005419105).

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Contact
Florian Mangold
Investor Relations 
+49 (0) 89 54054 5511
florian.mangold@cancom.de

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Note

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14.12.2020 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.

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Language: English
Company: CANCOM SE
Erika-Mann-Straße 69
80636 Munich
Germany
Phone: +49-(0)89/54054-0
Fax: +49-(0)89/54054-5119
E-mail: info@cancom.de
Internet:http://www.cancom.de
ISIN: DE0005419105
WKN: 541910
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1154658

 
End of News DGAP News Service

1154658  14.12.2020 

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