EQS-Adhoc: SECANDA AG: Acquisition of H. Schomäcker GmbH, business development

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SECANDA AG: Acquisition of H. Schomäcker GmbH, business development

25-Oct-2022 / 17:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Acquisition of H. Schomäcker GmbH, business development

SECANDA AG (formerly InterCard, new stock exchange symbol SC8) has acquired 100% of the shares in H. Schomäcker GmbH, based in Cologne. For many years, H. Schomäcker GmbH has been by far the most important market companion of InterCard GmbH Kartensysteme in the market for universities, colleges and student unions in Germany. InterCard already had a market share of more than 80% here before the acquisition.

The merger is to the advantage of our customers. With my.Authent, Schomäcker has launched a new smart card and identification system parallel to our SECANDA system. Together we will offer our customers the best of both in the future. 

We have been using Schomäcker's Q Pilot print management system in our own smart card systems for years. Against this background, this area ideally complements SECANDA's activities. 

In addition, H. Schomäcker GmbH has developed innovations in the field of access control with my.Ki, which will support our Physical Access division in accelerating growth in this area. 

Schomäcker strengthens the SECANDA team by a total of 17 employees. The numerous innovations of recent years, especially in the area of modern software products, show a more than impressive track record. All the more so when measured against the size of the company. We are very pleased that we were able to win such a highly qualified team for SECANDA and look forward to working with them. 

H. Schomäcker GmbH is expected to contribute about 2 million euros to the group turnover in a full financial year. Furthermore, we expect considerable synergies and effects from the new joint market position of both companies. 

SECANDA AG continues to operate clearly profitably with group sales at the previous year's level. Bottlenecks in resources and parts in particular had recently prevented stronger growth.



Contact:
Stefan Thoma
SECANDA AG (formerly InterCard AG Informationssysteme)
Marienstraße 10
78054 Villingen-Schwenningen
Phone: +49 (0)7720-9945-48
investor.relations@secanda.com



SECANDA is here.

SECANDA is much more than the new smart card system from InterCard SECANDA. Central management of authorisations, the new app, all new payment options.

More than two million people have created their personal ID in an identification system from SECANDA. Once registered, they can use it to move securely and freely in a variety of connected access and payment systems. With their personal chip card or app - linked to their central ID. They use the SECANDA smart card every day to bill and pay for services within their company, their clinic and in many other organisations, to identify themselves, to open doors, to use printers and computer networks and much more.

Rights as well as access rights can be defined centrally for all systems at the same time. With only one centrally managed credit, they can pay no matter where in the connected applications. With many new possibilities.

SECANDA is already the clear market leader for payment and access systems at universities and colleges in Germany and Switzerland, with a market share of more than 80%. 1.6 million students alone identify themselves with the chip card and use the entire infrastructure at more than 200 universities, colleges and student unions in Germany, Switzerland and beyond. But that's not all: we want to make our new smart card and identification system SECANDA the standard for more and more organisations, companies, clinics and communities. All used with just one ID - from SECANDA.

To achieve this, our customers need far more than half a million new and individually encoded smart cards every year. They get updates, upgrades, new system components and the security that we are always reliably there for them when we are needed.

www.secanda.com
 

25-Oct-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: SECANDA AG
Marienstraße 10
78054 Villingen-Schwenningen
Germany
Phone: +49 (0)7720 - 9945-0
Fax: +49 (0)7720 - 9945-10
E-mail: investor.relations@secanda.com
Internet: www.secanda.com
ISIN: DE000A0JC0V8
WKN: A0JC0V
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access), Stuttgart
EQS News ID: 1471855

 
End of Announcement EQS News Service

1471855  25-Oct-2022 CET/CEST

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