UMT United Mobility Technology : AG launches realignment to become value-oriented "TechnologyHouse" and acquires BUCHBERGER G…

• Core competencies in the area of digitalization as growth driver
• Acquisition as first step in UMT's new 'buy-and-build' strategy
• BUCHBERGER Group regionally important player in the construction industry with approx. EUR 20 million in revenue and 18% EBITDA margin

UMT United Mobility Technology AG is completely realigning its strategy and transforming itself from a specialist for mobile payment to a value-oriented and digital 'TechnologyHouse' for integrated mobile commercial applications. The new strategy is based on comprehensive solution expertise in the development, introduction and operation of secure, integrated and end-to-end IT solutions with payment components. Mastering complex logistics systems, from ordering to service, is part of UMT's DNA. Beyond the current focus on mobile payment, there is an immense need for technology-related consulting and service know-how in the area of software and e-commerce. Thanks to its in-depth core competencies in the area of digitization, this puts UMT in a position to significantly expand its existing range of products and services.

Instead of focusing solely on the highly competitive market for mobile payments, the company intends to use its expert knowledge to tap new growth and value potential across industry boundaries. The focus is on industries that are future-oriented and crisis-resistant, as well as having a low level of digitization in the B2B and B2C sectors. The aim is to accelerate growth momentum in the course of digitization and to generate significant revenue and earnings growth as well as steady cash flows by consolidating the overall market addressed.

With the complete takeover of Buchberger Baugeraete Handel GmbH and Buchberger Baumaschinen Vermietung und Service GmbH (the 'BUCHBERGER Group') based in Ingolstadt, Germany, UMT is taking the first step in its newly defined 'buy and build' strategy. The acquisition is being made as part of a capital increase through contributions in kind, excluding subscription rights, by issuing 2,937,500 new shares at a price of EUR 8.00.

As a so-called 'full-range supplier', the BUCHBERGER Group (www.buchbergergmbh.de) has been a competent partner with state-of-the-art technology for all topics relating to building construction and civil engineering as well as gardening and landscaping for over 50 years. The entire BUCHBERGER Group generated revenues of around EUR 20 million in 2020, with EBITDA of approximately EUR 3.5 million. The acquisition is an important building block in the strategic realignment of UMT AG and ideal-typical for its future focus. The BUCHBERGER Group has been established in the market for many years, still operates predominantly 'analog' and runs a profitable business with solid growth rates, minimal leverage and predictable cash flows. Despite its very good positioning in a highly fragmented market, the company still operates largely with traditional face-to-face or stationary sales. This and the simultaneous high consolidation potential in the fragmented construction industry and the associated trade offer great opportunities for UMT to use the digitization expertise it has built up over many years to add value.

The increased importance of this expertise at UMT AG is also reflected in the addition of Dr. Juergen Schulz to the Board of Management. Dr. Schulz will contribute his experience as Managing Director of UMT subsidiary UMS United Mobile Services GmbH and will be responsible for the technology and digitization area on the Board of Management in the future.

In the digitization projects already underway within the BUCHBERGER Group, UMT is placing smartphone and web applications at the center of a completely new type of user experience that encompasses all steps from selection and payment to use and return of the product. 'BUCHBERGER can thus make its portfolio accessible to a much larger audience and participate in the trend towards distance and online selling,' says a delighted Dr. Juergen Schulz, who is responsible for the project as the new member of the Board of Management and CTO of UMT AG.

In the medium term, this will create the best conditions for the national, or rather future-oriented, Europe-wide 'buy-and-build' strategy:

Firstly, the focus is on consolidating direct competitors and affiliated value creation stages in a fragmented market and - at a later date - on synergistically meaningful acquisitions of companies in similarly structured market segments.

Secondly, the digital integration of functions and market presence will significantly increase the efficiency of these companies and make them fit for future challenges. There is a great need for UMT's entire technological expertise in all areas.

'As part of our new strategy with a buy-and-build approach, we will not only be able to realize significant revenue and earnings growth in the future, but also dividend-oriented, steady cash flows with sustainable profitability. Thanks to our excellent access to the capital market, our extensive IT experience and our expertise in the digitization of business processes, we believe that we are ideally positioned to make a significant contribution to consolidation and digitization in future-oriented and stable industries with a low level of digitization, such as the construction industry in this case. This opens up completely new perspectives for UMT - also in view of the company's size,' says Dr. Albert Wahl, CEO of UMT AG.

Further detailed information on the entire transaction will be announced after registration of the capital increase in kind.


About UMT AG:

As a technology house, UMT United Mobility Technology AG stands for the development and implementation of customized solutions for the digitalization of business processes. As a FinTech company, UMT licenses one of the largest mobile payment platforms in Europe and acts as a central interface between all relevant parties such as large retail chains, banks, bonus program providers and end consumers. UMT's technology is in live operation at around 16,000 stores and 71,000 checkouts. In Germany alone, over 14 million users have been able to use UMT's mobile payment technology for 5 years.

The IT and consulting expertise built up over a decade in the field of e-commerce and payment (Multi-Currency & Crypto-Money) is the basis for value-creating investments in companies with a low level of digitalization. The focus of activities is on medium-sized companies with future-oriented and stable business models. The aim is to unlock new growth potential through active further development, particularly in the area of digitization, and a forward-looking buy-and-build strategy for the specific consolidation of a fragmented market, and thus to realize significant revenue and earnings growth with sustainable profitability and steady cash flow.

The UMT United Mobility Technology AG share (GSIN A2YN70, ISIN DE000A2YN702) is traded on the Frankfurt Stock Exchange and is listed on the Basic Board of Deutsche Boerse AG.

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