Anite Group PLC
7 February 2000
ANITE GROUP PLC ('ANITE')
Anite acquires Dutch internet consultancy
Anite Group plc, the IT services business, announces that it
has acquired 2 Sell Marketing and Sales Consultancy B.V. ('2
Sell'), a WEB product, consultancy and services company in
Holland. The initial consideration is nil, with an earn out up
to £560,000 based on profits before tax achieved in the year
ended 1st February 2001, payable in cash.
2 Sell is an established business with 23 consultants, and
provides web-based customer relationship management, supply
chain management and WAP solutions. 2 Sell has developed
Visual DiTo, management software for directory servers which
supports the LDAP protocol. In addition, 2 Sell is a
distributor for internet solutions developed by Versata Inc.,
NetObjects Inc. and Netegrity Inc. These products are
marketed directly to clients, and working through partners
such as CMG, Lucent and Hewlett Packard. In the year ended
31st December 1998, 2 Sell achieved sales of £952,000 with a
pre tax loss of £96,000. The deficit of net assets at 31st
December, 1998 was £231,000.
Anite will integrate 2 Sell into Q&R, its Dutch subsidiary,
and develop it as a European training centre for skilling its
800 consultants in Europe working in the finance, telecoms,
public sector and travel markets, including its industrial
base of ERP consultants in Germany.
John Hawkins, CEO of Anite Group, said 'This acquisition will
enable us to strengthen our E-Commerce skills in Europe and
thus add greater value to our clients through an even broader
service offering'.
For further information please contact:
Anite Group plc (www.anite.com) 0118 945 0121
John Hawkins, Chief Executive
Simon Hunt, Finance Director
Ludgate Communications 0207 253 2252
Edward Macquisten/Reg Hoare
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.