Etteplan Oyj - Company Announcement

Etteplan: Business transfer agreement of arvato AG acquisition completed

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, DECEMBER 31, 2015, AT 11:00 A.M.


ETTEPLAN: BUSINESS TRANSFER AGREEMENT OF ARVATO AG ACQUISITION COMPLETED

Etteplan Oyj published on October 26, 2015 the signing of a business transfer
agreement with arvato AG, a Bertelsmann Group company. The requirements of
closing the business transfer agreement have been fulfilled in planned time
schedule and the acquisition has been completed on December 31, 2015. 

The acquired business includes technical documentation services in Germany and
in the Netherlands. 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 industrial machine and equipment
manufacturers as well as the defense industry. The acquired business employs 35
persons in the Netherlands and Germany. The business operations and personnel
will be transferred to Etteplan on January 1, 2016. As part of the acquisition,
Etteplan and arvato AG have agreed on strategic co-operation. 

With this business transfer agreement Etteplan strengthens its position in
Central Europe as a service provider in technical documentation and commences
business operations in the German market. 

Vantaa, December 31, 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.