ALSN ALSO Holding AG

Enhancement of presence in Italy: ALSO Signed Preliminary Agreement with Datamatic

ALSO Holding AG / Key word(s): Takeover
Enhancement of presence in Italy: ALSO Signed Preliminary Agreement with Datamatic

02.02.2024 / 06:58 CET/CEST


 

Emmen, Schweiz, 02 February 2024
PRESS RELEASE

Enhancement of presence in Italy:
ALSO Signed Preliminary Agreement with Datamatic


The ICT sector in Italy is a dynamic industry with a projected compound annual growth rate in the high single-digit range. Following the successful market entry of ALSO Italia in 2022, a possible acquisition of Datamatic, a long-standing distributor in Italy, would offer further growth opportunities. With vendors like HP Inc., Epson and Dell, to name just the 3 top brands, the company has a comprehensive vendor portfolio as well as an excellent, SMB-focused customer base. Combined with ALSO’s strength in the cloud and as-a-service business, this could form a highly competitive and compelling offer for Italian resellers.

The final purchase agreement should be signed over the coming weeks, with closing following after the standard regulatory approval. Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN), commented: “ALSO Italia has grown significantly in the as-a-service and cloud segment. The acquisition could be a valuable addition to our presence in Italy, offering Channel partners not only a broader portfolio of product categories, but also access to our highly successful cloud marketplace. This will enable them to amplify both in their transactional and their consumptional business.”


Contact ALSO Holding AG:
Beate Flamm
SVP Sustainable Change
E-mail:

 

 

 

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) is one of the leading technology providers for the ICT industry, currently active in 30 countries in Europe and in a total of 144 countries worldwide via PaaS partners. The ALSO ecosystem comprises a total potential of around 120 000 resellers, to whom we offer hardware, software, and IT services from more than 700 vendors in over 1450 product categories. In the spirit of the circular economy, the company provides all services from provision to refurbishment from a single source. The business activities cover Supply, Solutions and Service. Supply contains the transactional range of hardware and software. Solutions division supports customers in the development of customized IT solutions. Subscription-based cloud offerings as well as platforms for cybersecurity, virtualization and AI are the focus of the Service area. The main shareholder is the Droege Group, Düsseldorf, Germany. For more information, visit:

 

About Droege Group

Droege Group (founded in 1988) is an independent advisory and investment company under full family ownership. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a family equity business model. The group invests its own equity in “special opportunities” with a focus on medium sized companies and spin-offs as well as strategically in buy & build transactions. With the guiding principle “execution - following the rules of art”, the group is a pioneer in execution-oriented corporate development. Droege Group follows a focused investment strategy based on long-term oriented megatrends. Enthusiasm for quality, innovation and speed determines the company’s actions. In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries. For more information, visit: -group.com.

 

 



End of Media Release


1828373  02.02.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1828373&application_name=news&site_id=research_pool
EN
02/02/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ALSO Holding AG

 PRESS RELEASE

ALSO Holding AG: Record dividend approved by AGM

ALSO Holding AG / Key word(s): AGMEGM ALSO Holding AG: Record dividend approved by AGM 20.03.2025 / 07:00 CET/CEST   Emmen, Switzerland, 20 March 2025 PRESS RELEASE ALSO Holding AG: Record dividend approved by AGM +629% since 2011 (from CHF 0.70 to CHF 5.10)   The Annual General Meeting on 19 March 2025 approved an increase in the dividend by CHF 0.30 to CHF 5.10. The dividend will be distributed to shareholders starting March 25, 2025. All other proposals of the Board of Directors were also endorsed by a large majority, the 2024 annual report was accepted, and the E...

 PRESS RELEASE

ALSO Holding AG: Rekorddividende von GV genehmigt

ALSO Holding AG / Schlagwort(e): Generalversammlung ALSO Holding AG: Rekorddividende von GV genehmigt 20.03.2025 / 07:00 CET/CEST   Emmen, Schweiz, 20. März 2025 PRESSEMITTEILUNG  ALSO Holding AG: Rekorddividende von GV genehmigt +629% seit 2011 (von CHF 0.70 auf CHF 5.10)   Die Generalversammlung vom 19. März 2025 hat die Erhöhung der Dividende um 0.30 auf 5.10 CHF genehmigt. Die Dividende wird ab dem 25. März 2025 an die Aktionäre ausgezahlt. Auch alle weiteren Anträge des Verwaltungsrates wurden grossmehrheitlich verabschiedet, der Geschäftsbericht 2024 genehmigt ...

 PRESS RELEASE

ALSO becomes Europe’s largest Technology Provider - Enhancing no. 1 po...

ALSO Holding AG / Key word(s): Alliance ALSO becomes Europe’s largest Technology Provider - Enhancing no. 1 position as indirect cloud provider in EMEA 06.03.2025 / 06:58 CET/CEST Emmen, Switzerland, 6 March 2025 PRESS RELEASE   ALSO becomes Europe’s largest Technology Provider Enhancing no. 1 position as indirect cloud provider in EMEA   After a record-fast completion following merger clearance, the financials of ALSO and Westcoast will be consolidated starting 1 March 2025, achieving over €15 billion in revenue. The purchase price corresponds to an EBITDA multipl...

 PRESS RELEASE

ALSO wird Europas grösster Technologieanbieter - Ausbau der Nr. 1 Posi...

ALSO Holding AG / Schlagwort(e): Kooperation ALSO wird Europas grösster Technologieanbieter - Ausbau der Nr. 1 Position als indirekter Cloud-Anbieter in EMEA 06.03.2025 / 06:58 CET/CEST Emmen, Schweiz, 6. März 2025 PRESSEMITTEILUNG    ALSO wird Europas grösster Technologieanbieter Ausbau der Nr. 1 Position als indirekter Cloud-Anbieter in EMEA   Nach einem rekordschnellen Abschluss nach der Fusionsfreigabe werden die Finanzen von ALSO und Westcoast ab dem 1. März 2025 konsolidiert, wodurch ein pro-forma Umsatz von über 15 Milliarden Euro erzielt wird. Der Kaufpreis...

 PRESS RELEASE

ALSO enters US - First step: Cloud

ALSO Holding AG / Key word(s): Expansion ALSO enters US - First step: Cloud 11.02.2025 / 06:57 CET/CEST Emmen, Switzerland, 11 February 2025 PRESS RELEASE ALSO enters USFirst step: Cloud   Like has been done in the past in the other countries, the technology provider continues to introduce cloud-focused business operations in new markets, following the company's growth strategy. The beauty of the US market is its position as the world’s largest economy, with a 90 million commercial unique users and ICT TAM of 1.5T US Dollars per year. This market has a high level of c...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch