Completion of Acquisition

RNS Number : 6492R

Sage Group PLC

15 September 2014

 



15 September 2014

Sage completes acquisition of German payroll business from Exact

Further to the announcement on 21 July 2014, the Sage Group plc ("Sage") confirms it has completed the acquisition of Exact Software Deutschland GmbH ("Exact Lohn"), the German payroll business of Exact Holding N.V., on the terms stated in the initial announcement.

Enquiries

The Sage Group plc [phone]

Murdo Montgomery, Investor Relations

Tulchan Communications [phone]

David Shriver

Jonathan Sibun

About The Sage Group plc

We provide small and medium sized organisations with a range of easy-to-use, secure and efficient business management software and services - from accounting and payroll, to enterprise resource planning, customer relationship management and payments.  Our customers receive continuous advice and support through our global network of local experts to help them solve their business problems, giving them the confidence to achieve their business ambitions.  Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and entered the FTSE 100 in 1999. Sage has over 6 million customers and more than 12,700 employees in 24 countries covering the UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia and Brazil. For further information please visit www.sage.com

 

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