Leipzig City Council approves sale of perdata to Arvato Systems
Cologne/Guetersloh. In its 25 Jan 2012 session, the City of Leipzig council board approved the sale of 100 percent of shares in ‘perdata Gesellschaft für Informationsverarbeitung mbH’ to ‘Arvato Systems GmbH’ by a majority vote. This means perdata can be transferred to Arvato Systems, a Bertelsmann company, pending antitrust approval.
Arvato Systems had tendered a convincing offer as the result of a pan-
European tendering process. It met the three criteria the city council had set
for the sale: the offer is economically sound at a purchase price of
18.05 million EUR; Arvato Systems submitted a resilient strategic concept
for perdata; and jobs and hence value creation at the Leipzig site will be
safeguarded by contract. Arvato Systems guarantees to keep the company
headquarters in Leipzig for at least eight years and job security for its over
180 employees through a company agreement.
Matthias Moeller, managing director Arvato systems Technologies, says:
“We look forward to Leipzig! The Leipzig site is to be developed as our
competence centre for (energy) utilities companies for the entire German-
speaking region in Europe. A continued cultivation of the close customer
relationships with the LVV group companies is a valuable part of this
development concept. We are banking on a collaboration between partners.”
The perdata management team, Thomas Nautsch and Dr. Percy Dahm, also
see the sale as a major opportunity for the future development of the Leipzig
IT services provider and for its employees.
With its specific IT solutions, perdata does business in a services sector
that is crucial to the success of the utilities industry. “We trust that even
under the ownership of Arvato Systems, perdata will continue to provide
inexpensive, reliable, high-quality and very flexible services to the
Stadtwerke Leipzig group,” says Raimund Otto, managing director of
The proceeds from the sale of perdata will strengthen the financial and
investment clout of the LVV group. “The sale is an important element in the
overall concept for a strategic realignment of the LVV group. The sales
proceeds creates some elbowroom for debt reduction, investments in the
core business and a long-term financing of public transport by LVV on
behalf of the city,” comments LVV Chairman & CEO Josef Rahmen.
About Arvato Systems
As a subsidiary of Arvato, Bertelsmann’s BPO services arm, Arvato
Systems designs entire value chains. For more than 30 years, the systems
integrator has successfully realized projects for noted companies in a wide
range of industries. In 2010, its 1,700 employees at 25 sites around the
world generated revenues of more than €230 million.
The perdata is a wholly owned subsidiary of the Leipzig public utilities and
does business all over Germany as a full-service IT provider specializing in
utilities-specific IT solutions. Perdata generates around 70 percent of its
revenue with the latter. This industry focus on regional utilities companies
rounds out perdata’s core services of planning, provision, hosting and
operation of SAP-based systems. In the 2010 business year, perdata
generated revenues of €22.3 million.
About Stadtwerke Leipzig
Stadtwerke Leipzig GmbH is the market leader for electricity and heat in
Leipzig with successful business activities throughout Germany and in
Poland. The multi-utility company is active in energy distribution, wholesale,
production, utility networks, and energy-related services and holdings. In
recent years, Stadtwerke Leipzig has continually enhanced and expanded
its position in the energy market. In 2010, 1,127 employees generated
revenues of €3,155 million.
Leipziger Versorgungs- und Verkehrsgesellschaft mbH is the management
holding in charge of managing energy, water and wastewater supply and
public transport for the City of Leipzig. The City of Leipzig owns 100% of
shares in LVV. The latter owns 100% of the shares in Stadtwerke Leipzig,
which in turn currently owns 100% of the shares in perdata.