PSI Software SE PSI sells the Mobility business unit
December 23 2024 - 1:00AM
RNS Non-Regulatory
RNS Number : 0918R
PSI Software SE
23 December 2024
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PSI Software SE / Key word(s): Disposal/Strategic
Company Decision
PSI sells the Mobility business unit
23-Dec-2024
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News - a service of
EQS Group.
The issuer is solely responsible for the content of this
announcement.
PSI sells the
Mobility business unit
Berlin, December 23, 2024 - PSI Software SE, Berlin, is selling
100% of the shares in its subsidiary PSI Transcom GmbH, in which
the main parts of the Mobility business unit are concentrated, to
Altamount Software GmbH, an investment platform belonging to
CHAPTERS Group AG. PSI Transcom GmbH is a software provider with
around 100 employees and a focus on mobility solutions for optimal
personnel and vehicle availability in transportation companies.
With this step, PSI is continuing its focus on industrial software
for network and energy management, process industry and steel,
discrete manufacturing and logistics.
As part of the PSI Reloaded strategy, the PSI Executive Board has
announced that it will pursue an active portfolio strategy. This
lays the foundation for long-term sales and earnings growth and
consistent capital allocation.
The PSI Executive Board would like to thank both the employees and
the management team of PSI Transcom GmbH for their many years of
loyalty and commitment to PSI. It will do its utmost to support
Altamount Software GmbH in taking over the Mobility business unit
completely.
The integration of PSI Transcom GmbH into the investment platform
of the CHAPTERS Group opens up attractive new prospects for
sustainable growth for customers and employees.
The PSI
Group develops software products for optimizing the
flow of energy and materials for utilities and industry. As an
independent software producer with more than 2,300 employees, PSI
has been a technology leader since 1969 for process control systems
that ensure sustainable energy supply, mobility and production by
combining AI methods with industrially proven optimization methods.
The innovative industry products can be operated on-premises or in
the cloud. www.psi.de
Contact:
PSI Software SE
Karsten Pierschke
Head of Investor Relations and Corporate Communications
Dircksenstraße 42-44
10178 Berlin
Germany
Tel. +49 30 2801-2727
Email: KPierschke@psi.de
End of Inside Information
21-Dec-2024 CET/CEST The EQS Distribution Services
include Regulatory Announcements, Financial/Corporate News and
Press Releases.
Archive at www.eqs-news.com
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Language:
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English
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Company:
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PSI Software SE
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Dircksenstraße 42-44
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10178 Berlin
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Germany
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Phone:
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+49 (0)30 2801-0
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Fax:
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+49 (0)30 2801-1000
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E-mail:
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ir@psi.de
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Internet:
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www.psi.de
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ISIN:
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DE000A0Z1JH9
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WKN:
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A0Z1JH
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Listed:
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Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Hanover, Munich, Stuttgart, Tradegate Exchange
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EQS News ID:
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2056201
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End of Announcement
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EQS News Service
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