VINCERE GROEP / DUSTIN GROUP AB / ABN AMRO PARTICIPATIES / Acquisition / Private / £58m

Dustin, a Stockholm, Sweden-based reseller of IT products and additional services, announced getting into an agreement to purchase Dutch Vincere Groep, a company specialized in managed services with focus on cloud and security, along with IT-solutions with associated value added hardware and consultancy services. The company is acquired from ABN Amro Participaties and the current management, who will remain with the company. The purchase price amounts to EUR 65M ($76.5M) on a debt-free basis.