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Announced

Orange acquired ICT integrator BKM for €52m.

Financials

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Transaction Value£45m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Belgium

IT Services: Other

Private

Pending

Acquisition

it services provider

Synopsis

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Orange Belgium, a Belgian telecoms company, acquired ICT integrator BKM for €52m. With this acquisition, Orange Belgium will extend its B2B offering with BKM’s Unified Communications & Collaboration and ICT solutions, and answer to a growing demand of its B2B customers for a single connectivity and ICT provider. Michaël Trabbia, CEO of Orange Belgium, explains: “I am delighted to welcome the BKM teams within the Orange family. Following up on our B2B strategic ambitions, this acquisition will allow us to enhance our B2B offers and services to both Orange Belgium’s and BKM’s customers. Together, we will further challenge the ICT and connectivity markets, and leverage cross-selling opportunities.”

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