CMG SAPs German market
New deal strengthens CMG's hand in Germany
Posted in Business, 11th November 1998 17:48 GMT
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Anglo-Dutch IT group CMG has bought the CMS Data Consult GmbH for DM 9.25 million. The acquisition extends CMG's base of SAP business and strengthens one of its most important strategic business lines in Germany. Established for more than ten years, CMS provides SAP consultancy and services to companies in the utilities and automotive sectors. With turnover in the first half of the year running to DM 4.2 million, CMS is expected to make a positive contribution to CMG's 1999 earnings. As well as a presence in Germany, London-based CMG has offices in the Benelux region and France. ®
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