Etteplan Oyj - Company Announcement

Etteplan strengthens its position in the Central European market

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, OCTOBER 26, 2015, AT 1.45 P.M.


ETTEPLAN STRENGTHENS ITS POSITION IN THE CENTRAL EUROPEAN MARKET

Etteplan strengthens its position in Central Europe as a service provider in
technical documentation by signing a business transfer agreement with arvato
AG, a Bertelsmann Group company, on October 26, 2015. The business that
Etteplan is going to acquire includes technical documentation services in
Germany and the Netherlands. According to the agreement the acquisition is
planned to be completed by the end of 2015 and the business operations and
personnel are going to be transferred to Etteplan on January 1, 2016. As part
of the acquisition, Etteplan and arvato AG have agreed on strategic
co-operation. 

arvato AG is a leading company providing business process outsourcing services.
The company employs globally about 70,000 persons in 40 countries. The revenues
of the company were about EUR 4.6 billion in 2014. The acquisition comprises
arvato Technical Information B.V as well as the part of arvato services
technical information GmbH, which provides technical documentation services to
engineering industry, industrial machine and equipment manufacturers as well as
the defense industry. The business, which is to acquired, employs 35 persons in
the Netherlands and Germany. 

Etteplan's President and CEO Juha Näkki: “Technical documentation is Etteplan's
fastest growing business area and the acquisition strengthens Etteplan's
position as a provider of technical documentation services in Central Europe.
With this agreement we will start business operations in the German market. We
at Etteplan also feel privileged to be able to start co-operation in Germany
with arvato AG, which is a leading global company in its field.” 

Marceline Beijer, Vice President arvato Distribution and Holger Nitsche,
Director of Technical Information:”We are confident that Etteplan, as a
successful company, is a suitable partner to take over part of our business
operations in Germany and the Netherlands. The co-operation that we are going
to start will support both companies in generating business opportunities in
Central Europe.” 

Vantaa, October 26, 2015

Etteplan Oyj

Board of Directors


Additional information:
Juha Näkki, President and CEO, tel. +358 400 606 372
Outi-Maria Liedes, SVP, HR & Communications, tel. +358 40 756 9620


DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.etteplan.com


Etteplan provides engineering services and technical documentation solutions to
the world's leading companies in the manufacturing industry. Our services are
geared to improve the competitiveness of our customers' products and
engineering processes throughout the product life cycle. The results of
Etteplan's innovative engineering can be seen in numerous industrial solutions
and everyday products. 

In 2014, Etteplan had a turnover of EUR 131.9 million. The Company has
approximately 2,100 professionals in Finland, Sweden, the Netherlands and
China. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ticker
ETT1V.