Today, KPS AG signed a purchase contract relating to the acquisition of all the shares in Saphira Consulting A/S, Virum, Denmark through its Danish subsidiary company KPS Consulting A/S. The transaction will be completed effective 5 January 2017. Saphira Consulting A/S is a leading SAP consulting company in the Scandinavian market. It has an excellent portfolio of references and the company was included in the prestigious ranking by trade magazine Computerworld as one of the best IT specialists in Denmark. The KPS Group is using the acquisition to expand its leading market position in Europe as a consultant and service provider for transformation projects in the strong growth field of digitalization. The purchase price comprises fixed and variable components. However, the parties have reached a confidentiality agreement on the amounts involved.

The Executive Board

Unterföhring, 2 December 2016