CorporateInvestorsLegalJuly 01, 2016

Wolters Kluwer completes acquisition of Enablon

Wolters Kluwer Legal & Regulatory today announces that it has completed the acquisition of compliance software provider Enablon. The planned acquisition was announced on May 31, 2016 and was subject to satisfaction of customary closing conditions, and completion of the employee consultation process in France.

Enablon is a leading global provider of environmental, health, safety and sustainability and operational risk management software and SaaS solutions, serving major corporations worldwide across a range of industries. Enablon generated software and services revenues of approximately €45 million in 2015, and revenues are expected to grow organically to reach approximately €55 million in 2016.

Enablon will become an operating unit of the Legal & Regulatory division, and will be able to leverage Wolters Kluwer's extensive market reach to expand its offerings globally.

About Wolters kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

About Wolters kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

Forward-looking statements and other important legal information
This report contains forward-looking statements. These statements may be identified by words such as “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.