Source: EQS Group AG

DGAP-News: Nemetschek acquires leading BIM specialist Solibri

DGAP-News: Nemetschek AG / Key word(s): Takeover
Nemetschek acquires leading BIM specialist Solibri

18.12.2015 / 08:37
The issuer is solely responsible for the content of this announcement.

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Corporate News 

Nemetschek acquires leading BIM specialist Solibri 

  - Solibri is the market leader in quality assurance and quality control
    for Building Information Modeling (BIM), the digital work method in the
    construction industry

  - High-level strategic fit and significant extension of Nemetschek's
    solution portfolio for design and building processes

  - Considerable growth opportunities as a result of increasing focus on
    BIM standards required for public sector building projects worldwide

Munich/Helsinki, December 18, 2015 - Software provider Nemetschek AG (ISIN
0006452907) has agreed today to acquire 100% of the shares of Solibri Oy,
based in Helsinki, Finland. Nemetschek was able to successfully beat
several potential buyers because of its group structure with an independent
brand offering.

Solibri is a globally leading and internationally aligned provider of
software solutions for the quality assurance and quality control of
Building Information Modeling (BIM), the digital work method for designing,
constructing and operating buildings. The "Solibri Model Checker" validates
that BIM models in particular are compliant in terms of integrity, quality
and country-specific standards throughout the whole design and building
processes. The evaluation of entire projects according to logical analysis
rules which detect errors is unique worldwide. Solibri - like all the
brands of the Nemetschek Group - is a proponent of open standards (Open
BIM) and enables the application of building-relevant information via open
interfaces across all stages in the building process.

Solibri was founded in 1999 and has around 35 employees. In addition to its
headquarters in Helsinki, the company has branches in the US and UK and
sales organizations in Spain and Germany. For the 2015 financial year,
Solibri anticipates revenue amounting to just under EUR 5 million, an
increase of more than 50% compared to the previous year. An operating
margin (EBITDA margin) of more than 20% is expected for 2015.

The fixed component of the purchase price of the acquisition amounts to EUR
32 million. Financing is through the taking out of a loan. This is
supplemented by earn-out components, which are linked to the increase in
revenue and to profitability in the financial year of 2017. According to
today's perspective, earn-out payments amounting to approx. EUR 13 million
are forecast. The acquisition is expected to be completed by the end of
2015.

Perfect strategic addition

Strategically, Solibri is very significant for the further development of
the Nemetschek Group. The solutions are a perfect complement; they will
have a central position in the Nemetschek Group's solution portfolio and
connect all brands and their products by means of an integrated and
holistic workflow. In addition, Solibri already has a high degree of
presence in the building sector, which will reinforce customer access for
the Nemetschek Group in this strongly growing market. Solibri targets
clients across the entire AEC industry life cycle, e.g. construction
companies, general contractors, architects, engineers and building owners.
Sales are made directly as well as via a network of resellers. Today the
solutions are already being sold worldwide.

"The acquisition of Solibri has been consistent with our acquisition
strategy in the AEC industry and greatly strengthens our global position as
a leading provider of Open BIM solutions. With the support of the
Nemetschek Group, Solibri will continue to pursue its international growth
strategy and benefit from our global customer access," comments Patrik
Heider, CFOO and Spokesman of the Nemetschek Group. "In Solibri we see a
strongly growing company which will strategically strengthen our solution
portfolio."

Solibri, in turn, will profit from a strong group with an international
sales focus and direct access to a growing customer base with more than 1.8
million users worldwide. "Synergies with the Nemetschek brands pave the way
for further successful growth. I am convinced that we are an excellent fit
for the Nemetschek Group and that we will benefit considerably from one
another and further reinforce our market position," says Heikki Kulusjärvi,
CEO of Solibri.

Strong growth impulses as a result of BIM standards

Adherence to BIM standards for publicly financed building projects is a
much-discussed topic worldwide as compliance becomes increasingly required
by governments and public authorities. With the comprehensive application
of BIM regulations, the demand for Solibri solutions is growing since they
perform the required quality checks and improve processes. This results in
considerable advantages in terms of cost and efficiency as well as a high
degree of design reliability and transparency.

For further information on the company, please contact:

Nemetschek Group
Stefanie Zimmermann
Investor Relations
+49 89 92793 1229
szimmermann@nemetschek.com

About the Nemetschek Group
The Nemetschek Group, Munich, is a globally leading software provider for
the AEC (Architecture, Engineering, Construction) industry. With its 12
brands, the Nemetschek Group now serves more than 1.8 million users in 142
countries from more than 50 locations worldwide. Founded in 1963 by
Professor Georg Nemetschek, the company focuses on innovations such as Open
Building Information Modeling (Open BIM) for the AEC market of tomorrow.
Publicly listed since 1999 and quoted on the TecDAX, the company achieved
revenue of EUR 218.5 million and an EBITDA of EUR 56.8 million in 2014.

About Solibri
Solibri is the leader in BIM Quality Assurance and Quality Control.
Providing out of the box tools for BIM validation, compliance control,
design process coordination, design review, analysis and code checking.
Solibri's corporate message is to develop and market quality assurance
solutions that improve the quality of BIM-based design and make the entire
design and construction process more productive and cost effective.
Solibri's customers include major building owners, construction companies,
architects and engineering firms in more than 70 countries.


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18.12.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:    English                                                    
   Company:     Nemetschek AG                                              
                Konrad-Zuse-Platz 1                                        
                81829 München                                              
                Germany                                                    
   Phone:       +49 (0)89 92 793-0                                         
   Fax:         +49 (0)89 927 93-5200                                      
   E-mail:      investorrelations@nemetschek.com                           
   Internet:    www.nemetschek.com                                         
   ISIN:        DE0006452907                                               
   WKN:         645290                                                     
   Indices:     TecDAX                                                     
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated  
                Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,  
                Stuttgart                                                  
 
 
   End of News    DGAP News Service  
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424851 18.12.2015