• Hansen to acquire key software applications from CONUTI GmbH for up to EUR 7.5m
• Acquisition strengthens Hansen's position in the German market and brings strategic assets in-house
• Transaction expected to be earnings accretive, delivering FY26 revenues of A$3-4m and EBITDA of A$2m post synergies

Hansen Technologies Ltd (ASX: HSN), a leading global provider of software and services to the Energy & Utilities and Communications & Media industries, has entered into an Asset and License Purchase Agreement to acquire complementary software licences and assets from CONUTI GmbH for total consideration of up to EUR 7.5m (approximately A$13.4m). CONUTI GmbH is a long-term partner of powercloud, which was acquired by Hansen in February 2024. This acquisition brings several strategic capabilities in-house, including a German compliant market messaging solution, a data analytics platform, and other complementary applications, which are already integrated with powercloud and operational with existing customers in the German market. The transaction will be financed through a combination of current cash reserves and a drawdown from Hansen's existing debt facility and is subject to certain closing conditions that will be fulfilled in the coming months. The acquisition is anticipated to be earnings accretive and will deliver FY26 revenues of approximately A$3-4m and EBITDA of A$2m post synergies. It is not expected to have a material impact to Hansen's overall result for FY25. Global Managing Director & CEO, Andrew Hansen, said: 'This acquisition marks another significant step in our strategy for continued investment and growth in the German and broader DACH market. The CONUTI assets are highly complementary to our existing offering via powercloud and brings valuable intellectual property and expertise into the Hansen Group. This move enhances our ability to deliver end-to-end solutions in the region and enables deeper integration and innovation for our customers.'

The acquisition is expected to deliver FY26 revenues of approximately A$3-4m and EBITDA of A$2m post synergies.