InvestorsCorporateTax & AccountingDecember 19, 2014

Wolters Kluwer to acquire SBS Software in Germany

Acquisition expands position in tax & accounting software for tax advisors.

Wolters Kluwer announced today that it has reached an agreement to acquire SBS Software GmbH, a leading German provider of accounting and payroll solutions. Based in Bretten, Germany with a 40-year history, SBS Software has more than 100 employees and serves over 6,000 customers. Closing of the acquisition is expected in January 2015.

Ralf Gärtner, Managing Director Wolters Kluwer Tax & Accounting in Germany, says: “The acquisition of SBS Software aligns with our strategy of expanding our leading, high growth position in tax and accounting software, and in particular strengthens our core business serving tax advisors in Germany. Wolters Kluwer has had a long-standing business relationship with SBS Software, which will facilitate the integration process. All SBS Software product lines and distribution partnerships will continue to be supported under Wolters Kluwer”. SBS Software's main products are SBS Lohn plus for payroll accounting and SBS Rewe neo for financial accounting.

SBS Software's main products are SBS Lohn plus for payroll accounting and SBS Rewe neo for financial accounting.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Contacts
Paul Lyon
Paul Lyon

Senior Director, External Communications: Global Branding & Communications

Wolters Kluwer
Kelly de Castro
Kelly de Castro
Vice President, Branding & Communications
Corporate Performance & ESG
Meg Geldens
Meg Geldens
Vice President, Investor Relations
Investor Relations
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