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Announced

Completed

ALSO Holding completed the acquisition of ABC Data for PLN176m.

Synopsis

ALSO Holding, a provider of ICT distribution, solutions and services in Europe, completed the acquisition of MCI Euroventures, the majority shareholder of the Polish company ABC Data and part of MCI Capital group. "Part of ALSO’s strategy is to strengthen its market position in markets where it does not have a dominant position. In addition, we have a clear intention to further develop the traditional transactional business, to increase the sales share of the Solutions business and to enable the highly attractive consumptional business with the ALSO Cloud Marketplace. The acquisition of ABC Data meets our strategical criteria. We will become the number one in Poland and a leading market player in five other Eastern European countries. The transaction is an important milestone in the implementation of our growth plans," Gustavo Möller-Hergt, ALSO Holding CEO.

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