Wolters Kluwer Completes Acquisition of Enablon
July 01 2016 - 7:20AM
July 1, 2016 - Wolters Kluwer Legal & Regulatory today
announces that it has completed the acquisition of compliance
software provider Enablon. The planned acquisition
was announced on May 31, 2016,
and was subject to satisfaction of customary
closing conditions, and completion of the employee consultation
process in France.
Enablon is a leading global provider of
environmental, health, safety and sustainability and operational
risk management software and SaaS solutions, serving major
corporations worldwide across a range of industries. Enablon
generated software and services revenues of approximately €45
million in 2015, and revenues are expected to grow organically to
reach approximately €55 million in 2016.
Enablon will become an operating unit of the Legal
& Regulatory division, and will be able to leverage Wolters
Kluwer's extensive market reach to expand its offerings
globally.
About Wolters
Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information
services and solutions for professionals in the health, tax and
accounting, risk and compliance, finance and legal sectors. We help
our customers make critical decisions every day by providing expert
solutions that combine deep domain knowledge with specialized
technology and services.
Wolters Kluwer reported 2015 annual revenues of
€4.2 billion. The company, headquartered in Alphen aan den Rijn,
the Netherlands, serves customers in over 180 countries, maintains
operations in over 40 countries and employs 19,000 people
worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam
(WKL) and are included in the AEX and Euronext 100 indices. Wolters
Kluwer has a sponsored Level 1 American Depositary Receipt program.
The ADRs are traded on the over-the-counter market in the U.S.
(WTKWY). For more information about our solutions and organization,
visit www.wolterskluwer.com, follow us on Twitter, Facebook,
LinkedIn, and YouTube.
Wolters Kluwer Legal & Regulatory is a
division of Wolters Kluwer, serving customers around the world with
expert information solutions, software, and services in the areas
of law, business, and regulatory compliance. Customers of Wolters
Kluwer Legal & Regulatory include law firms, corporate law
departments, business compliance professionals, corporate legal
counsel, legal educators, universities, libraries, and government
agencies.
Media Contacts: |
|
Leslie
Bonacum |
Annemarije Pikaar |
Legal
& Regulatory Communications |
Corporate Communications |
+1
847-267-7153 |
+31 (0)172 64 1470 |
leslie.bonacum@wolterskluwer.com |
annemarije.pikaar@wolterskluwer.com |
Investors/Analysts: Meg
Geldens
Investor Relations
+ 31 (0)172 641 407
ir@wolterskluwer.com |
|
Forward-looking
Statements
This report contains forward-looking statements.
These statements may be identified by words such as "expect",
"should", "could", "shall" and similar expressions. Wolters Kluwer
cautions that such forward-looking statements are qualified by
certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the
forward-looking statements. Factors which could cause actual
results to differ from these forward-looking statements may
include, without limitation, general economic conditions;
conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological
developments; the implementation and execution of new ICT systems
or outsourcing; and legal, tax, and regulatory rules affecting
Wolters Kluwer's businesses, as well as risks related to mergers,
acquisitions, and divestments. In addition, financial risks such as
currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of
factors should not be construed as exhaustive. Wolters Kluwer
disclaims any intention or obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
PDF version of Press
Release
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Wolters Kluwer NV via Globenewswire
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