Acquisition(s)

19th Sep 2005 12:14

19 September 2005Sage acquires French distribution industry software vendor CogestibThe Sage Group plc ("Sage") announces that it has completed the acquisition ofCogestib, based in France, for an enterprise value of ‚£7.7m. The acquisitionwill be paid for in cash.Cogestib is the leading vendor of business management solutions for small tomedium-sized businesses (SMBs) in the French car distribution sector, with over3,000 customers. Its revenue for the year ended 31 December 2004 was ‚£9.3million, and its operating profit was ‚£0.5 million. Cogestib already providescustomisations, for this sector, of Sage's French software products.All financial information calculated on the basis of ‚£1 = 1.485 EuroEnquiries The Sage Group plc +44 (0) 191 294 3068 Tulchan +44 (0) 20 7353 4200 Paul Walker, Chief Executive Julie Foster Paul Harrison, Finance Director Phil Branston, Investor Relations Notes to editorsThe Sage Group plc is a leading international supplier of accounting andbusiness management software solutions and related products and services forsmall to medium-sized enterprises. Formed in 1981, Sage was floated on theLondon Stock Exchange in 1989 and the Group now employs over 9,000 peopleworldwide.ENDSAGE GROUP PLC

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