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Press Release

Hartung Consult and SNP AG join forces


Berlin, January 7, 2016 - many business models of companies are on the verge of comprehensive change. Increasing digitalization, the internationalization and the wish to reduce the complexity of IT landscapes are driving this change. Hartung Consult and SNP AG bundle their forces in order to better prepare customers for the digital transformation of their business processes and to support them more intensively in the implementation. On January 1st 2016, SNP Schneider-Neureither & Partner AG (ISIN DE0007203705) took over 51 % of Hartung Consult GmbH's shares. Hartung Consult is headquartered in Berlin. SNP AG intends to acquire the remaining 49 % on January 1st 2018.


With this stake, both the company's consulting- and product ranges for transformation projects of internationally oriented companies (in the areas of strategy-, process and system optimization) are bundled. Hartung Consult increases their European and North- American presence and enhances their own expertise in digital transformation projects. Furthermore, SNP AG gives Hartung Consult the possibility to achieve new growth internationally. Regarding SNP, the acquisition allows the transformation specialist to continue to expand its service for international customers and provides a more in-depth access to the Asian markets.


Hartung Consults customers benefit in particular from the strengthening of the international scope as well as from SNP AG's product- and consulting competence to consolidate and harmonize IT-landscapes in a quick and pragmatic way. SNP AG has its own standard software that automatically analyzes changes in IT- systems and standardizes the transformation. The transformation specialist from Heidelberg has worldwide experience (methods, products and consulting) in more than 4.000 customer projects in the field of system landscape transformation.


About Hartung Consult


For over 27 years hartung:consult supports medium sized companies and bigger corporations on their path of internationalization. The Business Consultants harmonize IT processes and IT procedures across national borders with a strong expertise about local markets and local cultures. Main focuses are implementation, development and rollout of SAP on a global scale. Additionally, hartung provides own solutions for storage optimization, lean production planning, business intelligence solutions and portal solutions.

Hartung:consult has a global presence with subsidiaries in Europe, Asia and the U.S. with more than 250 employees worldwide.


For further inform ation, visit w w w .hart ung.de/en/


About SNP


Digital transformation and the ability to respond quickly to changes in the business environment are today crucial factors in competitions across all sectors. SNP AG helps companies to consolidate their IT landscapes and to adapt to new general conditions quickly and economically. SNP sees itself as a catalyst and accelerator of digital transformation. In SNP Transformation Backbone®, SNP provides the world's first standard software for the automated analysis and standardised implementation of changes in IT systems. It is based on the experience that SNP has gathered from more than 4,000 projects worldwide with its software-based services for Business Landscape Transformation.


SNP AG employs around 380 people in Europe and the United States, around 250 of whom in Germany. The company, which is headquartered in Heidelberg, generated revenue of €

30.5 million in 2014. Its customers are global corporations operating in industry, the finance sector, service sectors as well as the commercial and health sectors. SNP AG was founded in 1994 and has been listed since 2000. It was admitted to the Prime Standard of the Frankfurt Stock Exchange (ISIN DE0007203705) in August 2014.


For further inform ation, visit w w w .snp -ag.com.


Press Contact:


Jörg Petzhold, SNP AG, +49 (0) 62 21-64 25 270, joerg.petzhold@snp-ag.com


Jörg Kaschytza, Managing Director, hartung:consult GmbH, joerg.kaschytza@hartung.de


© Copyright SNP AG, 2016. All rights reserved. All other products mentioned in this document are registered or unregistered trademarks of their respective

SNP Schneider-Neureither & Partner AG issued this content on 2016-01-07 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-07 14:46:45 UTC

Original Document: http://www.snp-ag.com/fileadmin/user_upload/content/pdf/pressemitteilungen/SNP_Press_Release_Hartung_final.pdf