Written by markenmut on . Posted in Base Rate.
Perpetual base rate for valuation dates in July 2019 is 0.60 % (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today –
The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.
Written by markenmut on . Posted in Base Rate.
Perpetual base rate for valuation dates in June 2019 is 0.72 % (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today –
The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.
Written by markenmut on . Posted in Base Rate.
Perpetual base rate for valuation dates in May 2019 is 0.77 % (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today –
The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.
Written by markenmut on . Posted in Base Rate.
Perpetual base rate for valuation dates in April 2019 is 0.83 % (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today –
The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.
Written by markenmut on . Posted in News Englisch, Study.
The organic food industry is steadily growing and is becoming increasingly important in the food market. The March issue of the I-ADVISE Spotlight “ORGANIC FOOD – STRONG GROWTH OF A HEALTHY MARKET” gives an overview of the strongly growing organic food market in Germany and takes a look into its future. We report on the structural changes in distribution channels, highlight key trends in the organic food sector and conclude with M&A activities of financial and strategic investors.
Access the publication in English here; for the German version please see here.
Written by markenmut on . Posted in News Englisch, Study.
Düsseldorf, March 13, 2019: The fifth edition of the study on German valuation practice in squeeze-outs, mergers and other legal measures according to German law has been complemented by reports with valuation dates in 2018 and analyses the development of valuation practice since 2010.
The new I-ADVISE study can serve as a reference point for the most important parameters of valuations and offers an overview of solutions to a multitude of valuation questions by valuation professionals. “The new tendency to derive the terminal value from average margin estimates or long term projections by the valuator has a high potential value impact.”, explains Dr. Jochen Beumer, Head of Valuation Services of I-ADVISE AG.
You can download the complete study here. The German version may be dowloaded here.
Written by markenmut on . Posted in Base Rate.
Perpetual base rate for valuation dates in March 2019 is 0.89 % (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today –
The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.
Written by markenmut on . Posted in News Englisch.
February 2019: I-ADVISE AG advised Erich Utsch AG, Siegen, in realigning its business strategy divesting shares in a financial holding and assuming the majority shareholding in an Australian company.
Transactions executed for that purpose by the end of 2018 comprised the sale of all shares held by Erich Utsch in UTSCH Tönnjes International (“UTI”) and the acquisition of a majority stake in Australian LicenSys Pty Ltd. (“LicenSys”). The transactions are aimed to further drive forward Erich Utsch’s differentiation from competitors and strengthen its market positioning. Through the take-over of a majority interest in LicenSys, Erich Utsch has become market leader in Australia, New Zealand and Oceania. The acquisition also enables Erich Utsch to expand its technological base.
Erich Utsch AG is the global leader in the production of license plates and related system solutions.
I-ADVISE provided business consultancy with respect to specific economic issues in the context of the divestment of Erich Utsch AG’s UTI participation and the take-over of shares in LicenSys.
Written by markenmut on . Posted in Base Rate.
Perpetual base rate for valuation dates in February 2019 is 1.00 % (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today –
The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.
Written by markenmut on . Posted in News Englisch.
January 2019: I-ADVISE AG acted as court-appointed auditor in the context of the intended transfer of the shares of the minority shareholders of Pironet AG, Cologne, to CANCOM SE, Munich (squeeze-out).
In the Extraordinary General Meeting of Pironet AG on January 10, 2019 CANCOM SE as the majority shareholder of Pironet AG filed the motion to transfer the shares of the minority shareholders to CANCOM SE in return for a cash settlement of € 9.64 per Pironet share.
About Pironet AG
Via its wholly owned subsidiary, CANCOM Pironet AG & Co. KG, Pironet AG is the multi-cloud provider of the Munich-based CANCOM Group and offers its customers a wide range of IT outsourcing services. The ISG Experton Group estimates that CANCOM Pironet was among the top 10 cloud providers in the German B2B market in 2016. With around 250 employees, Pironet AG achieved sales of around € 56 million in 2018.
About CANCOM SE
CANCOM SE as one of the leading providers of IT infrastructure and IT services in Germany, Austria, USA and the United Kingdom is listed on the TecDAX and SDAX of the Frankfurt Stock Exchange. CANCOM group´s holistic product and service range includes IT consulting, design of IT architectures and IT landscapes, conceptual design and integration of IT systems, operation of IT systems, and sales of hardware and software.
The more than 3,000 employees worldwide generate annual sales of over € 1 billion.
I-ADVISE was responsible for ensuring the adequacy of the compensation of the minority shareholders of Pironet AG. In a comprehensive audit report, I-ADVISE confirmed the compensation determined by a valuation report.