July 1, 2016 - Wolters Kluwer Legal & Regulatory today announces that it has completed the acquisition of compliance software provider Enablon. The planned acquisition was announced on May 31, 2016, and was subject to satisfaction of customary closing conditions, and completion of the employee consultation process in France.
Enablon is a leading global provider of environmental, health, safety and sustainability and operational risk management software and SaaS solutions, serving major corporations worldwide across a range of industries. Enablon generated software and services revenues of approximately €45 million in 2015, and revenues are expected to grow organically to reach approximately €55 million in 2016.
Enablon will become an operating unit of the Legal & Regulatory division, and will be able to leverage Wolters Kluwer's extensive market reach to expand its offerings globally.
About Wolters Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY). For more information about our solutions and organization, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.
Wolters Kluwer Legal & Regulatory is a division of Wolters Kluwer, serving customers around the world with expert information solutions, software, and services in the areas of law, business, and regulatory compliance. Customers of Wolters Kluwer Legal & Regulatory include law firms, corporate law departments, business compliance professionals, corporate legal counsel, legal educators, universities, libraries, and government agencies.
| Media Contacts: | |
| Leslie Bonacum | Annemarije Pikaar |
| Legal & Regulatory Communications | Corporate Communications |
| +1 847-267-7153 | +31 (0)172 64 1470 |
| leslie.bonacum@wolterskluwer.com | annemarije.pikaar@wolterskluwer.com |
| Investors/Analysts: Meg Geldens Investor Relations + 31 (0)172 641 407 ir@wolterskluwer.com |
Forward-looking Statements
This report contains forward-looking statements. These statements may be identified by words such as "expect", "should", "could", "shall" and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
