Imtech sells its Imtech ICT division

Imtech has reached agreement with Vinci S.A. regarding the sale of the Imtech ICT division at an enterprise value of 255 million euro. The agreement is subject to competition clearance and customary closing conditions, and is expected to close well before the end of the year. The net proceeds of the transaction will be used for increased liquidity of the Group and debt reduction.

Gerard van de Aast, CEO of Royal Imtech: "After receiving the offer of Vinci S.A. we have carefully reviewed the options and concluded to accept it in the best interest of all our stakeholders. The resulting increased liquidity and debt reduction will strengthen our financial position. Vinci S.A. is a global player in concessions and construction, employing close to 191,000 people in some 100 countries. We are confident that the customers, suppliers and employees of Imtech ICT can look ahead to a good future."

In 2013, the revenue of the ICT division amounted to 740 million euro. The ICT division employs 2,402 staff and has strong partnerships with worldwide technology leaders such as IBM, Microsoft, Cisco, SAP, Juniper and EMC. Its strategy is built on five key portfolio offerings: cloud solutions, managed services, business analysis, collaboration solutions and business solutions. Imtech ICT provides services to approximately 7,000 customers in the Netherlands, Germany, Austria, Sweden, Belgium, the UK and the Philippines.

The divesture of the ICT division will not have an impact on Imtech's value proposition for customers. Automation expertise and know-how in the field of amongst others building automation, infrastructure automation, telecommunication, industrial automation and technical automation are an integral part of the offered value proposition of the other Imtech divisions.


More information

Media:	Analysts & investors:
Dorien Wietsma Director Corporate Communication & CSR T:  [phone] E: [e-mail] www.imtech.com	Jeroen Leenaers Director Investor Relations T: [phone] E: [e-mail] www.imtech.com

Profiel Imtech
Royal Imtech N.V. is een Europese technische dienstverlener op het gebied van elektrotechniek, ICT en werktuigbouw. Met circa 26.000 medewerkers. Imtech heeft aantrekkelijke posities in de markten gebouwen en industrie in Nederland, België, Luxemburg, Duitsland, Oostenrijk, Oost-Europa, Zweden, Noorwegen, Finland, de UK, Ierland en Spanje, alsmede op de Europese markten van ICT en traffic en in de mondiale maritieme markt. Imtech bedient circa 24.000 klanten. Imtech biedt integrale en multidisciplinaire totaaloplossingen die leiden tot betere bedrijfsprocessen en meer rendement voor klanten én aan de klanten die zij op hun beurt bedienen. Imtech biedt tevens oplossingen die bijdragen aan een duurzame samenleving, bijvoorbeeld groene technologie en technische oplossingen op het gebied van energie, milieu, water en mobiliteit. De aandelen Imtech zijn genoteerd aan de NYSE Euronext Stock Exchange Amsterdam.