Edison Investment Research - SNP Schneider-Neureither Partner (SHF) Update: Two acquisitions completed

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Edison Investment Research

Update: Two acquisitions completed

SNP has acquired Hartung Consult, along with Astrums (which was announced separately in early December), to target the Asian market. The pricing details have not been disclosed. Hartung and Astrums know each other well, having worked together as partners, with Hartung focused on China and Astrums on Singapore and Malaysia. Together they boost the groupâ€™s technical skills, expanding SNPâ€™s reach into China and Asia more broadly while strengthening the groupâ€™s office infrastructure in Germany. Group headcount rises to c 580, up from c 260 a year earlier. We believe that both deals will be immediately earnings enhancing.

05/01/2016 3 EN

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SNP Schneider-Neureither & Partner

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Germany

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Update: Two acquisitions completed

SNP Schneider-Neureither & Partner - New $4.5m contract win in North America

SNP Schneider-Neureither & Partner - Focusing on organic growth

Update: Raising â‚¬29m (net) funds for growth

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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