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| ICE Consultants Europe SL to become part of KPS AG

01.08.2017

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KPS AG: ICE Consultants Europe SL to become part of KPS AG

KPS consequently pursuing its strategy of internationalization

Barcelona/Munich, August 1, 2017 – KPS AG, the European market leader in retail transformation consulting, has acquired ICE Consultants Europe SL, a leading Spanish SAP consulting partner. ICE will become a 100% subsidiary of KPS AG effective October 2, 2017. The acquisition strengthens KPS’s position as a leading consultancy for digital business transformation in Europe.

ICE is headquartered in Barcelona, Spain, and was established in 2001 by three managers highly experienced in SAP and business process optimization. Over the past 15 years, ICE has built up an impressive and loyal client base in Spain, Germany, Switzerland, the Netherlands as well as North and South America. The multidisciplinary team of 100 consultants supports companies in the sectors of retail and wholesale, consumer products, automotive and pharmaceuticals. ICE provides Business Process consulting, SAP implementation projects and Application Management Services to clients such as Coca-Cola, Revlon, Sanofi or SEAT. ICE already at an early stage specialized in Design Thinking, standard and custom apps based on SAP Fiori, SAP Customer Relationship Management as well as S/4HANA upgrades and cloud projects.

KPS is the leading consulting partner for large and mid-size companies in the Retail, Wholesale, Fashion and Consumer Products segments in Europe. The company is a full-service provider of end-to-end strategy and process consulting including technology evaluation and implementation in Omnichannel and digital transformation projects. 800 consultants support companies such as Hugo Boss, Puma, Lidl, Fressnapf/Maxi-Zoo, Dansk Supermarked and Deichmann with their industry, process and technology know-how. KPS was founded in 2000, is headquartered in Munich, Germany, and has subsidiaries in Switzerland, Denmark, Austria, the Netherlands and the United States. KPS is listed in Prime Standard segment of the Frankfurt Stock Exchange. The Management expects consolidated sales of 160 Mio. Euros for the 2016/17 fiscal year.

“KPS has an outstanding reputation, our corporate cultures are very similar, and we look forward to being a part of this very successful company,” states Lluís Sans, one of the founders and Socio Director at ICE. “We remain committed to our existing customers as always and from now on can offer them additional services. Joining forces with KPS puts us in a position to further strengthen our presence in Spain but also on an international level.”

Leonardo Musso, one of the founders and CEO at KPS AG, adds: “With the acquisition of ICE we consequently pursue our international expansion strategy. In Europe, we are market leaders in fast-track digital transformation projects enabling our customers to become real-time Omnichannel players within the shortest time possible. We support them from backend to frontend – from inventory control to e-commerce to digital customer management. The team in Barcelona will advise our customers in the Spanish speaking markets and will also be part of our international hub for AMS-customers. ICE is thus the perfect addition to our company.”

More information about ICE Consultants at www.ice-consultants.com.