SYZYGY AG, DE0005104806

SYZYGY AG, DE0005104806

25.09.2017 - 13:39:34

SYZYGY AG: SYZYGY taking a 70 per cent stake in diffferent GmbH

The SYZYGY Group has acquired 70 per cent of the shares in strategy consulting firm diffferent GmbH as part of a capital increase.

diffferent provides support for its clients around brand positioning, the development of innovative service and business models and in relation to digital transformation.

Established in 1997, the service provider generates sales of around EUR 9.5 million and has some 90 employees at its locations in Berlin and Munich. Clients include the Volkswagen Group, Deutsche Telekom, Porsche, MTU, EnBW and IKEA.

This transaction forms part of the SYZYGY Group's ongoing growth strategy in its core German market. The purpose of the acquisition is to achieve a significant expansion and development of the Group's consulting and strategy capabilities.

Contact: Erwin Greiner Chief Financial Officer e.greiner@syzygy.de

25-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: SYZYGY AG Horexstraße 28 61352 Bad Homburg v.d.H.

Germany Phone: 06172 9488100 E-mail: info@syzygy.de Internet: www.syzygy.net ISIN: DE0005104806 WKN: 510480 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange   End of Announcement DGAP News Service

612431  25-Sep-2017 CET/CEST

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