Sigma sells smaller subsidiary
– focuses business system operations on Microsoft systems Sigma is selling its shares in Sigma for M AB. Merit Consulting AS will be the new majority owner. Sigma for M provides consulting services and solutions based on the business system Lawson M3. The sale entails a continuation of Sigma's streamlining of operations.
Norska Merit Consulting is Lawson's partner in Norway, Finland and England. Merit Consulting has collaborated with Sigma for M for some time now on various customer projects and has developed a portal for which Sigma for M is a distributer in Sweden. With the transaction, the bond will become even tighter. "Sigma has chosen to focus on Microsoft's comprehensive solutions for business systems with Microsoft Dynamics, where we see greater synergies with our other operations. Through the transaction, improved development opportunities are created both for customers and staff," says Håkan Karlsson, Sigma's CEO. The sold organization has adversely affected Sigma's profits and margin during 2009. Annual sales amounted to about SEK 40 million, with about 40 employees during the year. The transaction provides Sigma with about SEK 3 million in liquid funds and entails a realization gain of about SEK 2 million, which will be reported in the third quarter. For additional information, please contact: Håkan Karlsson, CEO Sigma AB E-mail firstname.lastname@example.org Telephone +46 (0)703-792 000 Lars Sundqvist, Financial Manager, Sigma AB E-mail email@example.com Telephone +46 (0)703-792 202 Sigma assesses this press release as able to affect the price of the Sigma share. This release was sent  [08:30].