Imtech acquires Medrott

Gouda - Imtech N.V. announces the acquisition of Dutch medical equipment specialist, Medrott. The acquisition will be implemented from January 1, 2012. Medrott has 20 employees and realises annual revenue of more than 2 million euro. The acquisition will be paid in cash and will directly contribute to the revenues per share and will enable Imtech to strengthen its position in the Dutch care & cure market. The acquisition as well marks the start of an Imtech response to the technological challenges of the healthcare of tomorrow.

Rene van der Bruggen, CEO Imtech: 'Imtech is one of the larger European technical players in the care & cure market. This market accounts for in broad outline 4% of Imtech's total 4.5 billion euro revenue. Imtech distinguishes itself as an implementation and maintenance partner for complex technical infrastructure with an emphasis on energy, ICT, electrical solutions and innovative air and climate solutions. Pooling this with knowledge of medical equipment makes it possible to offer total solutions, enabling Imtech to better serve Dutch hospitals and care organisations. This will lead to extra growth and together, this pooling of technical competences makes it possible for Imtech to fulfil a leading role in the healthcare of tomorrow.'

Medrott was established in 1996 and has offices in Brielle in the Netherlands and Zaventem in Belgium. The company is the leading research specialist in the growing market of medical equipment in the Benelux. Medrott specializes in sales, management and maintenance of sensitive and high quality medical equipment. Medrott is as well a medical technical services provider for corrective and preventive services for this equipment on site, however also in workplaces. To boot Medrott is active with inventories of medical equipment, advice and consultancy as then as the complete management of medical equipment for clients. For companies Medrott as well offers third party technical services. The company represented exclusive brands like Barkey, Weyer, Stephan, IMT Medical, Medicop, Precision Medical and Carnet Medical. Specialist areas include neonatology, neonatal, respiratory, obstetrics, ICU's, operating theaters, and precision measurement equipment, to illustrate medical gases. In the Benelux Medrott works for 220 hospitals and care institutions, as for various companies and ambulance services. Pursuant to this agreement Imtech's strong financial wings, Medrott will be able to develop itself furthermore excellently.

Imtech is a strong partner in the care & cure market in the Benelux and offers total solutions for new, mainly complex technical infrastructures. This includes power stations, energy-saving, climate control, electrical solutions, access control, fire safety and nurse call systems etc. Should the contingency arise, Imtech offers specific technological solutions in operating theatres, intensive care and complex treatment rooms. Imtech is as well a strong technological maintenance partner. Even more, Imtech is a strong player in the ICT market in care and cure, with specific software, ICT infrastructure, business intelligence, and cloud computing and data centre innovation. In total Imtech works in nearly 150 hospitals and care organisations in the Benelux. The combination of technical infrastructure, ICT and research in and around technical equipment, will make it possible to offer total solutions to healthcare organisations. With this, Imtech is anticipating the trend that research will become more important in the care & cure market. This market is, when all is said and done, facing the challenge of working more efficiently and cheaper in response to the ageing population's increased demand for healthcare. Moreover, demand is increasing for technical quality that satisfies the strictest standards for hygiene and safety. Integration of all technological solutions forms Imtech's answer to this problem.

The care & cure market

In the care & cure market, home care and healthcare are the growth markets of the future. Cost savings at the same time with improved healthcare are only possible if first and second line healthcare work at the same time perfectly. Integration of technological equipment and ICT research, for instance domotics, robotics and in some cases virtual, remote healthcare is only possible through technological integration of all technical solutions using the available medical equipment. Combining technological competences makes this 'healthcare of tomorrow' possible. Imtech aims to fulfil a leading role in this.

Imtech N.V. is a European technical services provider in the fields of electrical solutions, ICT and mechanical solutions. With more than 27,000 employees, Imtech achieves annual revenue of around 4.5 billion euro. Imtech holds strong positions in the buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany, Austria, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland and Spain, the European markets of ICT and Traffic as so then as in the global marine market. In total Imtech serves 21,000 clients. Imtech offers added value with integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for clients and the clients they, in their turn, serve. Imtech as well offers solutions that contribute towards a sustainable society, for instance in the areas of energy, the environment, water and mobility. Imtech shares are listed on the NYSE Euronext Amsterdam, where Imtech is included in the Midkap Index. Imtech shares are as well included in the Dow Jones STOXX 600 index. Per February 2011 Imtech has granted the designation Royal.