RNS Number : 5684O
AVEVA Group PLC
30 June 2010
AVEVA Group plc
("AVEVA" or the "Company")
Completion of Acquisition of Logimatic Software A/S
and of
certain trade and assets from ADB Systemer AS
Further to our announcement on 3rd June 2010, AVEVA is pleased to announce that, through its wholly owned subsidiary AVEVA Solutions Limited, it has today completed the acquisition of Logimatic Software A/S for consideration of €14.5 million (approximately £12.3 million) which includes deferred consideration of €1.5 million (approximately £1.3 million).
In addition and further to a second announcement made on 3rd June 2010, AVEVA is pleased to announce that, through its wholly owned subsidiaries, AVEVA Solutions Limited and AVEVA AS, it has today completed the acquisition of certain trade and assets from ADB Systemer AS for NOK 40.0 million (approximately £4.3 million).
Enquiries:
AVEVA Group plc
Tel: 01223 556 611
Richard Longdon, Chief Executive
Paul Taylor, Finance Director
Hudson Sandler
Tel: 020 7796 4133
Andrew Hayes/Wendy Baker/Alex Brennan
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