Highlights
- Hansen Technologies strengthens German presence with strategic asset acquisition.
- Deal projected to boost earnings by FY26 without major FY25 impact.
- Enhanced capabilities to support long-term growth and deeper market integration.
Hansen Technologies (ASX:HSN) has taken a decisive step toward expanding its presence in the German energy and utilities software market. The company has entered into an Asset and License Purchase Agreement with CONUTI GmbH to acquire a suite of valuable software licences and assets, with the total transaction value reaching up to EUR 7.5 million (approximately A$13.4 million).
The acquisition package includes a German-compliant market messaging solution, a sophisticated data analytics platform, and a range of complementary applications. These assets are already deeply integrated with powercloud, a prominent German software platform, and are actively used by existing customers. This seamless integration positions Hansen Technologies to immediately leverage these assets for broader market influence.
Strategic Significance
The move aligns strongly with Hansen Technologies’ strategy to strengthen its foothold in the German and broader DACH (Germany, Austria, Switzerland) region. By internalizing these capabilities, the company enhances its ability to deliver more integrated, end-to-end solutions tailored for the German market. This step not only advances its long-term growth trajectory but also deepens its innovation capabilities, enabling better service delivery and customer engagement.
The newly acquired assets bring specialized intellectual property and technical expertise into Hansen Technologies’ portfolio, offering a significant competitive edge. With Germany being a crucial energy market in Europe, the acquisition is a strategic fit, enhancing the company’s ability to meet the evolving needs of energy and utility clients in the region.
Financial Outlook
From a financial perspective, the acquisition is projected to be earnings accretive, forecasting additional revenues of approximately A$3-4 million by FY26, alongside an EBITDA contribution of A$2 million post synergies. Importantly, the transaction is not expected to have a material impact on the company’s FY25 financial results, allowing Hansen Technologies to maintain its current momentum while positioning for stronger growth ahead.
Leadership Perspective
Commenting on the development, Andrew Hansen, Global Managing Director and CEO, emphasized the strategic importance of the deal. He highlighted that the acquired assets complement the existing Hansen offering through powercloud and bring significant value through intellectual property and market expertise. This addition empowers Hansen Technologies to deliver more robust and innovative solutions, strengthening its competitive position in the European market.
Through this acquisition, Hansen Technologies (HSN) not only reinforces its commitment to growth in Europe but also sharpens its ability to offer smarter, more integrated services to its clients in an increasingly dynamic market environment.