IT Competence Group intends merger under company law with the audius Group

The Board of IT Competence Group SE, an IT and telecommunications service provider listed in the m:access segment on the Munich Stock Exchange, decided today in agreement with the Supervisory Board to examine the options for a merger with the business operations of the audius Group under company law and prepare its implementation. The audius Group is the majority shareholder and provides services in the areas of software, security and audit services, consulting, and managed services.
 
The aim is to bundle the operating activities of the audius Group and IT Competence Group under the umbrella of IT Competence Group SE. The planned merger is supported by the Board of IT Competence Group SE as well as the Board and shareholders of audius AG. At present, it is likely that the operating subsidiaries of audius AG will contribute to IT Competence Group SE in the form of a capital increase. The Board is examining alternative variants in parallel.
 
The intended merger under company law would create a single group with an annual sales volume of more than EUR 50 million and more than 500 employees.
 
The Board will examine options for the merger under the umbrella of IT Competence Group SE in the next few weeks. Valuation reports for the companies to be acquired will be created in the process. The company intends to call for a vote on the specific implementation at the Annual Shareholders’ Meeting, which is likely to take place in July.
 
About IT Competence Group
 
IT Competence Group SE is an IT service company that operates in the DACH region (Germany, Austria, and Switzerland). The company offers tailor-made solutions for all aspects of IT infrastructure and business solutions, from consulting to implementation and operation. A specific business unit is dedicated to mobile data infrastructures, in particular the development and expansion of the 5G network. The Group’s customers include global corporations and medium-sized companies. Together with the strategic majority shareholder audius AG, the company’s goal is to grow both organically and through acquisitions. IT Competence Group SE shares are listed on the Basic Board of the Frankfurt Stock Exchange and in the m:access midmarket segment on the Munich Stock Exchange.
 
About audius
 
Founded in 1991, audius operates in the areas of software, security and audit services, consulting, and managed services. The companies of the audius Group and IT Competence Group focus on strengthening their core competencies while broadening their service portfolio. Currently employing nearly 300 people, audius (without IT Competence Group) generated approximately EUR 27 million in revenue in 2019.
 
IT Competence Group SE
Investor Relations
 
Phone: +49 89-716 721-044
info@it-competencegroup.com
 

Die IT Competence Group SE ist eine IT-Service-Gesellschaft, die in der DACH-Region aktiv ist. Das Unternehmen bietet von der Beratung, Implementierung und dem Betrieb maßgeschneiderte Lösungen zu allen Fragen rund um das Thema IT-Infrastruktur und Business Solutions an. Ein weiterer Geschäftsbereich beschäftigt sich mit mobilen Dateninfrastrukturen, insbesondere dem Auf- und Ausbau des 5G-Netzes. Zu den Kunden der Gruppe zählen global agierende Konzerne sowie mittelständische Betriebe. Gemeinsam mit dem strategischen Mehrheitsaktionär audius AG ist das Ziel sowohl organisch als durch Zukäufe zu wachsen. Die Aktien der IT Competence Group SE notieren im Basic Board der Börse Frankfurt als auch im Mittelstandssegment m:access der Börse München.

audius wurde im Jahr 1991 gegründet und ist in den Bereichen Software, Security & Audit Services, Consulting und Managed Services tätig. Damit verstärken sich die Unternehmen im Bereich ihrer Kernkompetenzen und verbreitern gleichzeitig ihr Leistungsportfolio. audius beschäftigt aktuell knapp 300 Mitarbeiter und erzielte im Jahr 2019 ohne die IT Competence Group einen Umsatz in Höhe von rund Euro 27 Mio.
 
IT Competence Group SE
Investor Relations
 
t.: +49 89-716 721-044
info@it-competencegroup.com