Subsid's Acquisition

Sage Group PLC 19 May 2000 The Sage Group plc ('Sage') Acquisition of Adaptus Sage announces the acquisition by its subsidiary, Tetra International Limited (now known as Sage Enterprise Solutions), of the entire share capital of Adaptus Software Services Limited ('Adaptus') for £3.5 million in cash. Adaptus' turnover in the year to 30 April 1999 was £2.0 million. Adaptus is a provider of telesales, EDI and warehousing applications integrating with Sage Enterprise Solution's products. The acquisition further enhances the company's offering to the mid-range market. For further information please contact: Paul Walker, Chief Executive Paul Harrison, Finance Director The Sage Group plc 0191 255 3000 Jon Earl Financial Dynamics 020 7831 3113

Companies

Sage Group (SGE)
UK 100

Latest directors dealings