STRATEGIC PARTNERSHIP THOMAS.KRENN

Deal Announcement

DEAL ANNOUNCEMENT | OX8 CORPORATE FINANCE EXCLUSIVELY ADVISES THOMAS-KRENN.AG ON THE STRATEGIC PARTNERSHIP WITH EXTRA COMPUTER GMBH

Aschaffenburg / Freyung / Giengen an der Brenz, 19 January 2022

ox8 Corporate Finance exclusively advised Thomas-Krenn.AG (“Thomas-Krenn”) on the strategic partnership with EXTRA Computer GmbH (“Extra Computer”). The companies complement each other ideally and as a group with nearly 400 employees generate revenues of more than EUR 120 million.

The companies anticipate great synergy potential in the partnership, especially in the transfer of specialist know-how as well as in the expansion of the product and solution portfolio. In addition, the aim is to further strengthen the partner and cloud business and to expand the customer base with the four brands Thomas-Krenn, exone, Pokini and Calmo, thereby gaining additional market shares.

The two partners will continue to operate independently, thereby maintaining the accustomed exceptional service and support for existing customers and continuing to manufacture the entire products of Thomas-Krenn.AG and EXTRA Computer GmbH at the two locations in Germany. To achieve the individual goals of the two partner companies all jobs will also be retained.

Christoph Maier, CEO of Thomas-Krenn.AG, is convinced: “The strategic partnership will make us the largest independent German server and storage manufacturer. There are no merger plans, therefore the companies will remain separate entities. We will continue to expand both workforces and locations and invest in the future portfolio in order to be able to grow in the market. As a result, we expect a number of advantages, explicitly also in the area of our corporate cultures. Both fit very well together and at the same time we will be able to learn from each other. I am very much looking forward to meeting the new colleagues. Together we can further strengthen the IT-sector in Germany, offer a comprehensive range of IT-hardware “Made in Germany” and increase our independence from international providers.”

“In this context, we would like to thank ox8 Corporate Finance very much for their active support. The expertise and many years of experience in this sector have decisively influenced the project and ultimately led to an excellent result for all parties involved. The excellent collaboration in all aspects is definitely be recommended,” says Christoph Maier.

Über Thomas-Krenn (www.thomas-krenn.com)

Thomas-Krenn.AG is a leading, fast-growing manufacturer of individual server and storage systems. Since 2002, the company has been providing end users, resellers and data center operators with high-quality hardware on a build-to-order basis. As a solution provider for individual customer projects, Thomas-Krenn.AG stands for the highest service quality in hardware-related development, contract manufacturing, product refinement and logistics. Therefore, the company is a recognized reliable partner for industrial companies, system houses, service providers as well as medium-sized end customers from every industry. Thomas-Krenn.AG currently has about 200 employees and produces all servers in Germany at the Freyung site.

Über EXTRA Computer (www.exone.de)

EXTRA Computer GmbH is a medium-sized IT manufacturer with products such as PCs, notebooks, servers, industrial PCs, rugged tablets, touch computers, panel PCs, cloud services and much more. The products are sold to qualified specialist dealers and system houses under the brands exone, Pokini and Calmo. Many systems are individually configured and built according to customer requirements. The owner-managed company based in Giengen an der Brenz was founded in 1989 and has more than 180 employees.

Über ox8 Corporate Finance (www.ox8-cf.com)

ox8 Corporate Finance ist eine unabhängige Corporate Finance Boutique, die im Jahr 2018 von erfahrenen M&A Spezialisten gegründet wurde. Es werden Corporate Finance Beratungsdienstleistungen mit Fokus auf M&A sowie Growth Capital in den Bereichen Software/ Saas, Digital Commerce, Technology/ IT Services und Healthcare angeboten. Das Team verfügt über ein exzellentes, internationales Netzwerk zu Finanzinvestoren und strategischen Käufern. ox8 Corporate Finance ist an Standorten in Frankfurt am Main und Aschaffenburg vertreten.