Wednesday, 21. November 2018

ALSO becomes market leader in Slovenia

ALSO has acquired the value-added distributor (VAD) DISS d.o.o., along with its subsidiaries VAD d.o.o. and Marmis d.o.o. The move makes ALSO the market leader in the field of ICT distribution in Slovenia and helps it further expand its business in eastern Europe.


“The acquisition of DISS allows us to advance our growth strategy in Europe and gives us a broader and sounder basis in key distribution-related business fields than before,” says Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN). “The expertise and experience gained in the market by the excellent team at DISS over the past 20 years lets us strengthen the areas of infrastructure, software and security in particular.”

The acquisition of Ljubljana-based DISS and its subsidiaries VAD and Marmis gives ALSO access to its resources and expertise in the fields of data centres, security and solutions. DISS markets and sells software and IT equipment from HP and HPE, among other manufacturers. Its subsidiary VAD specialises in IT devices and software from Dell EMC, whereas Marmis markets and sells IBM software for medium-sized and large-scale systems for monitoring security and business processes.

Founded in 1998, DISS generated sales of 81 million euros last year. The distributor currently employs a staff of around 70. Together with its subsidiaries, VAD focuses on product lines that require intensive pre-sales support. DISS also provides its customers with on-site technical training and individual support. By acquiring DISS, ALSO is underpinning its aim of consolidating or gaining a number-one or number-two market position in those countries in which the company is active throughout Europe.

The result is a product portfolio that goes beyond conventional distribution to provide customers with tailored solutions. ALSO provides a full range of services covering the various levels of the ITC value chain from a single source. Within the scope of the acquisition, ALSO Slovenia’s focus is on bringing its consumptional business expertise to the table. The company defines consumptional business as consumption-oriented IT services that it provides through its ALSO Cloud Marketplace, among other channels.
Direct link to the media release: https://www.also.com/goto/20181121en

Contact person:

Ketchum Pleon GmbH
Roland Brutscher
Phone: +49 211 9541 2160
E-Mail: also.press@ketchumpleon.com

ALSO Holding AG

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) brings providers and buyers of the ICT industry together. The company offers services at all levels of the ICT value chain from a single source. In the European B2B marketplace, ALSO bundles logistics services, financial services, supply services, solution services, digital services, and IT services together into individual service packages. ALSO's portfolio contains more than 250 000 articles from some 525 vendors. The Group has 4 058 employees throughout Europe. In fiscal year 2017 (closing on December 31), the company generated net sales of 8.9 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

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 carries out direct investments with its own equity in corporate spin-offs and medium-sized companies in "special situations". 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 current megatrends (knowledge, connectivity, prevention, demography, specialization, future work, shopping 4.0). 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.
More information: https://www.droege-group.com 

Disclaimer

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

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