EANS-Adhoc: KapschTrafficCom Reaches Agreement to Acquire Schneider Electric Transportation Business

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Mergers - Acquisitions - Takeovers/Company Information
14.12.2015

Vienna, Austria, December 14, 2015 - Kapsch TrafficCom AG (ISIN
AT000KAPSCH9), listed in the Prime Market of the Vienna Stock
Exchange, has reached an agreement with Schneider Electric S.E.
("Schneider") to acquire its global Transportation Business.
Schneider is a global specialist in energy management and automation
with revenues of EUR25 billion in 2014 and 170,000 employees in over
100 countries. Schneider's Transportation Business, formerly
operating as Telvent Tráfico y Transporte, offers an industry
portfolio of integrated Advanced Traffic Management Software (ATMS)
solutions - for urban, highway and tunnel applications as well as
tolling and transit solutions. This acquisition will enable Kapsch
TrafficCom to offer its current and future customers around the globe
an integrated portfolio of intelligent transportation systems (ITS)
extending from the highway to the city.

With 2014 revenues of EUR134 million, Schneider's contribution will
further grow Kapsch TrafficCom's business and strengthen its
Intelligent Mobility Solutions (IMS) strategy as outlined in its
recently announced Strategy 2020. Schneider also complements and
expands Kapsch's global footprint in important growth markets like
Spain, Latin America, the U.S.A. as well as the Middle-East.

The terms of the agreement reflect a purchase price of EUR35 million
on a cash free debt free basis. The agreement is conditioned upon the
satisfaction of certain regulatory conditions and on other customary
closing conditions. The transaction is expected to be closed in the
coming months.

Further inquiry note:
Mag. Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2
1120 Wien, Österreich
Tel.: +43 50 811 1120
E-Mail: ir.kapschtraffic@kapsch.net

Press contact:
Dr. Ingrid Lawicka
Unternehmenssprecherin
Kapsch AG
Am Europlatz 2
1120 Wien, Österreich
Tel.: +43 50 811 1705
E-Mail: ingrid.lawicka@kapsch.net

end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1121 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
sector: Technology
ISIN: AT000KAPSCH9
indexes: Prime Market
stockmarkets: official market: Wien
language: English