SYDNEY: Hansen Technologies Ltd., a global software provider for the energy, utilities and communications sectors, announced Monday it has agreed to acquire strategic software assets from Germany’s CONUTI GmbH for up to 7.5 million euros ($13.4 million Australian).
The deal, part of Hansen’s expansion strategy in the German and DACH regions, includes key applications such as a market messaging solution and a data analytics platform already integrated with powercloud, a company Hansen acquired in 2024. The transaction is expected to close in the coming months, pending standard conditions.
Hansen CEO Andrew Hansen said the acquisition strengthens the company’s foothold in Germany and aligns with its long-term growth plans. “These assets bring valuable intellectual property and enhance our ability to deliver end-to-end solutions for customers,” he said in a statement.
The company anticipates the deal will add approximately $3 million to $4 million Australian in revenue and $2 million Australian in EBITDA by fiscal year 2026, after synergies. It will not significantly impact Hansen’s 2025 financial results.
Hansen, listed on the Australian Securities Exchange (ASX: HSN), operates in over 80 countries. The acquisition will be funded through cash reserves and existing debt facilities.