Following the acquisition of ABC Data’s operations in Eastern Europe on July 1, its Romanian subsidiary became part of the ALSO Group, a Swiss holding and major European technology provider with organisations in 22 European countries. ALSO Technology is the new name of the company. The takeover is the next step forward in the ALSO Group’s strategy to strengthen its position in the East European market, estimated at a potential of EUR 30 billion.
ALSO’s business objective for Eastern Europe is to achieve a leading market position in the entire region, realizing a 20 percent market share. Beeing part of one of Europe’s major technology providers for the ICT industry, ALSO Technology will now be able to strengthen significantly its entire business model. This includes optimized trading processes and logistics for the IT, consumer electronics and telecommunication. The new company will have access to a broad range of products and offerings from ALSO’s 3S business models Supply, Solutions and Services, as well as to a wide portfolio of suppliers.
“As part of the ALSO Group, we will be able to provide our customers with competitive offerings as well as our vendors and suppliers with a broad value proposition”, says Sergiu Lujanschi, Chief Customer Officer, ALSO Technology. “Our partners and our company will benefit from the strong financial background of the ALSO Group, its rich portfolio and expertise as well as the access to the international ALSO Centers of Competence. Furthermore, we will continue to work on our customer-centric and collaborative approach, dynamism and strong partnerships built already with our clients”, emphasize Sergiu Lujanschi.
“The takeover will create new synergies and allows economies of scale to be better exploited for our partners and for us”, says Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX:ALSN). “We are as well anticipating sustainable and strong growth from the expansion of the existing portfolio.”
New innovative technologies and platforms, such as virtualization, cloud, 3D printing, process mining, AI-based security solutions and IoT will be provided by the ALSO Group and enable the partners to improve their current business. ALSO’s reliable and robust ERP system will effectively support the local business processes. Its implementation will be rolled out within the shortest possible timeframe.
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