Fabasoft acquires majority stake in Xpublisher GmbH

Fabasoft AG today concluded a purchase and participation agreement for the acquisition of in total 60% of the shares of Xpublisher GmbH, with its registered offices in Munich. The participation is to be effected to 40% by means of a subscription of shares through an increase in the capital of Xpublisher GmbH and to 20% by means of the acquisition of shares from the founders and existing shareholders. Both founding shareholders are to retain a 40% stake in the company and as managing directors will promote expansion in Europe and North America. Work has already begun on the implementation of the closing conditions.

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