Monday, 27. February 2017

ALSO acquires Dutch distributor Five 4 U

ALSO acquires Dutch distributor Five 4 U

ALSO Holding AG will acquire the Dutch distributor Five 4 U B.V. The closing of the transaction, which isexpected in the coming months, remains subject to the usual regulatory approvals. The parties agreed tokeep the purchase price confidential.

“I look forward to working with the Five 4 U team, which has a proven graphic arts expertise that is of interest tothe entire ALSO Group. The acquisition opens up new customer groups in the Netherlands and gives us accessto products that we can sell to our existing customers. Our business in Belgium will benefit from the transaction,”said Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN).

“Five 4 U has experienced exceptional growth in the Benelux over the past 25 years, mainly in its business withApple products and in the area of graphics. The transaction with ALSO ensures an acceleration of this growthgiven our shared vision, experience and market orientation,” said Rien Slagter, CEO of Five 4 U.Five 4 U is one of the leading specialized distributors for hardware and software in the Benelux. The company isa distributor for Apple and other hardware providers such as HP and Epson. Further, Five 4 U offers its customerssoftware and IT services. A large part of its activities focus on logistics and service merchandising. The companymarkets more than 50 brands and has an international customer base of resellers who will benefit from ALSO’swide range of services and products.
Direct link to the ad hoc release: http://www.also.com/goto/20170227en

Contact person:

Brunswick Group GmbH
Dr.Marc Langendorf
Tel: +49 89 80 99 02 517
Email: mlangendorf@brunswickgroup.com

Also Holding AG

ALSO Holding AG (Emmen/Switzerland) brings providers and buyers of the ICT industry together. The company offersservices at all levels of the ICT value chain from a single source. In the European B2B marketplace, ALSO bundles logisticsservices, financial services, supply services, solution services, digital services, and IT services together into individual servicepackages. ALSO's portfolio contains more than 188 000 articles from some 500 vendors. The Group has around3 670 employees throughout Europe. In fiscal year 2016 (closing on December 31), the company generated net sales of8.0 billion euros. The majority shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany.
Further information is available at http://www.also.com

Droege Group (Major shareholder)

Droege Group (founded in 1988) is an independent consulting and investment company under full family ownership. Thecompany acts as a specialist for tailor-made restructuring programs aiming to enhance corporate value. Droege Groupcombines its corporate family-run structure and capital strength into a family-equity business model. The group carries outdirect investments with own equity in corporate subsidiaries and medium-sized companies in "special situations". The mottoof "The Art of Implementation” has made the group a pioneer of hands-on implementation-oriented corporate development.Droege Group demonstrates its implementation excellence daily within its own portfolio. The entrepreneurially platforms of theDroege Group are aligned to current megatrends (knowledge, connectivity, prevention, demography, shopping 4.0, futurework). Enthusiasm for quality, innovation and speed determines our actions. In this way Droege Group has successfully gaineda position in domestic and international markets and operates in 30 countries.
More information: http://www.droege-group.com

Five 4 U

Five 4 U was founded in Utrecht in 1992 and expects its revenues in 2016 to reach 285 million euros in the Netherlands,Belgium, and Luxembourg. The company offers its customers a wide range of Apple products and accessories as well ashardware from various other vendors. The company also offers support services, e.g. online fulfilment, order and deliverymanagement, and warehouse services.
More information: http://www.five4u.com

Disclaimer

This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSOmanagement. Known and unknown risks, uncertainties, and other factors could lead to material differences between theforward-looking statements made here and the actual development, in particular the results, financial situation, andperformance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adaptingthem to future events or developments.

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