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Aareon takes over Kalshoven Automation B.V.

Aareon Nederland B.V., the Dutch subsidiary of Aareon AG (Europe’s leading consultancy and systems house for the property sector), has taken over Kalshoven Automation B.V., Amsterdam, in its entirety with retroactive effect from 1 April 2017.

Mainz/Emmen/Amsterdam, 6 April 2017 – Aareon Nederland B.V., the Dutch subsidiary of Aareon AG (Europe’s leading consultancy and systems house for the property sector), has taken over Kalshoven Automation B.V., Amsterdam, in its entirety with retroactive effect from 1 April 2017.

Kalshoven Automation B.V. is the leading software specialist for the commercial real estate market in the Netherlands. The company has been developing IT solutions for commercial real estate investors, property managers, the private residential and owners' associations for more than 25 years. Besides the ERP solution REMS (Real Estate Management System), its range of offerings also comprises platform services such as a mobile inspection app and CRM solutions as well as solutions for property administration. The associated process consulting is another key aspect of its business.

Dr. Manfred Alflen, Chairman of the Management Board of Aareon AG: "With this acquisition, we are continuing to pursue our international growth strategy and further extending our activities in the field of commercial real estate (CRE) business. We are thus appropriately supplementing our digital ecosystem Aareon Smart World. Our customers benefit here from the international synergies of the Aareon Group."

Martin Holwerda, Managing Director of Aareon Nederland B.V.: "Thanks to the takeover of Kalshoven Automation B.V., we are adding solutions for CRE management and the private housing market to our digital portfolio in the Dutch market and further expanding our market leadership in the Netherlands."

Bart Kalshoven, Managing Director of Kalshoven Automation B.V.: "The integration in the Aareon Group, Europe's leading provider in this line of business, gives us access to new markets. In addition, we benefit from the international transfer of know-how and the joint development of new solutions." Under the roof of Aareon AG, Kalshoven Automation B.V. will continue its successful growth strategy with its existing management and its own independent market presence in the Netherlands.

About Aareon Nederland B.V.

Aareon Nederland B.V. is a leading provider of specialised software for the property industry. As a strategic business partner, it supports its customers in achieving their existing and future corporate objectives. To this end, it offers modern, ground-breaking ICT solutions tailored to its customers’ respective goals. The product range includes the office management solution Facilitor, the case management solution ShareWorX®, and the ERP solutions Tobias AX based on Microsoft Dynamics® AX and Incit Xpand. The solutions are used in the administration of 558,000 rental units in the Netherlands. Aareon Nederland has its head office in Emmen and employs around 240 staff.

About Kalshoven Automation B.V.

Kalshoven Automation, based in the Netherlands, provides systems and services to companies operating in the commercial real estate market. The company is recognized as market leader in its niche market, combining specific market knowledge and R&D. Kalshoven offers “REMS CloudComputing” a standard for property and asset management of real estate portfolios. Kalshoven has its head office in Amsterdam and employs around 40 staff.

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