BITEMPO GMBH ACQUIRES 49% INTEREST IN KLÖCKNER INFORMATION SERVICES GMBH

Bitempo GmbH, Düsseldorf, a corporate consultant for the IT sector, has acquired a 49% interest in Klöckner Information Services GmbH (KIS), the service provider of the Klöckner & Co Group. The acquisition will take effect retroactively as at January 1, 2007. Klöckner & Co AG will retain 51% of KIS. KIS focuses on business process and IT consulting, specializing in SAP migration, support and ongoing development. It operates its own data center in Duisburg. In addition to its Duisburg headquarters, KIS has branches in Leeds, Madrid and Valencia.

"Thanks to Bitempo's investment, KIS is boosting its knowledge base," said Gisbert Rühl, member of the Management Board of Klöckner & Co responsible for IT.