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CLXN Crealogix Holding AG News Story

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Brief: Crealogix Holding says acquires stake in ELAXY from Fiducia & GAD

Oct 22 (Reuters) - Crealogix Holding AG  CLXN.S : 
    * Crealogix acquires stake in Elaxy from Fiducia & Gad 
    * Long-Term cooperation agreed for German market 
    * Says is acquiring 80 per cent of Elaxy Financial Software Solutions and 20 per cent of 
Elaxy Business Solution Services valid as of Jan. 1, 2016 
    * Says two companies each generate around 10 million euros ($11.33 million) in sales and 
each employ around 100 staff 
    * Says in medium term Crealogix plans to further increase its stake 
 
     
Source text for Eikon:  ID:nAWP6BkJfd  
Further company coverage:  CLXN.S  
 
 
($1 = 0.8823 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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