Report
Nicolas Thorez

2CRSI : A strategic reversal for 2CRSi with the announced divestment of Boston Limited

>2CRSi has announced the divestment of its “distribution” division (Boston Limited), a significant asset in terms of revenue, acquired in 2019 - On Friday, 2CRSi announced that it had reached an agreement with a subsidiary of Source Code (an American provider of IT infrastructure) for the sale of its IT distribution activities (=Boston Limited). As a reminder, the group had bought 70% of the capital of Boston Limited at end-2019 with the aim of boosting its sales for...
Underlying
2CRSI SA

2Crsi SA. 2Crsi SA is a France-based company, which serves as a manufacturer of server solutions and other data storage device wholesaler. Its portfolio of solutions includes Data Centers, which provides customers with smarter storage; Independent Software Vendors (ISV), which enables users to create solutions that optimize customers' data experience; Industries, which provides information technology (IT) equipment for a number of industries, including the aerospace, petroleum, oil & gas and healthcare sectors, among others. Additionally, 2Crsi manufactures a range of products, which includes servers, storage solutions, converged platform, appliances and micro clusters. Its customers include OVH, Free, Dassault Group, CGG Veritas, and many independent software vendors, data centers, distributors, and other businesses, among others.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas Thorez

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