Nov 15, 2023 - Emmen

Acquisition of Target Holding GmbH:

ALSO strengthens position as a leading technology provider in Austria

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Target, a value-add IT provider founded 47 years ago, is the clear market leader for Apple products in Austria. As an authorized service provider, the company also provides various additional offers for its customers. The focus is on SMBs, demonstrating Apple’s strength in not just the consumer, but also in the commercial sector.

The company is a perfect addition to the existing ALSO portfolio. The acquisition, which is still subject to the standard regulatory approvals, and the associated further expansion of its ecosystem will make the Technology Provider one of the market leaders in Austria.

Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN): “With this acquisition, we can offer our customers even greater added value. The latest AI applications require powerful devices to process the huge amounts of data. Apple products with their new M3 processors play an important role in this. We will continue to drive growth and success in the region.”


For media inquiries:

Beate Flamm

Senior Vice President Sustainable Change
+49 151 61266047