Feb 2, 2024 - Emmen

Enhancement of presence in Italy:

ALSO Signed Preliminary Agreement with Datamatic

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

For media inquiries:

Beate Flamm

Senior Vice President Sustainable Change
+49 151 61266047
beate.flamm@also.com

Stay informed

Receive all of the latest ALSO Holding AG press releases as soon as they are published.

Sign up here