CMS Hasche Sigle advises on merger of ALPHA Business Solutions into the proALPHA Group
Hamburg – ALPHA Business Solutions AG and the proALPHA Group are being merged into a joint company trading as proALPHA Business Solutions. In the course of the merger, the SAP Business ByDesign division will be hived off from ALPHA Business Solutions AG. all4cloud GmbH & Co. KG is acquiring the business, which focuses on the leading cloud ERP solution from SAP. Following the merger, the proALPHA Business Solutions Group will have more than 700 employees, 1,700 customers in some 50 countries and 12 branches in Germany alone.