Announced
Completed
Financials
Sources
Tags
Switzerland
data processing
IT Services: Other
Acquisition
Majority
Private
Domestic
Completed
Friendly
Single Bidder
Synopsis
GIA Informatik, an IT consulting services provider, completed the acquisition of Avectris, an IT service provider, from energy companies, Axpo, EKZ and AEW, for $150m. "GIA Informatik and our enterprises complement each other perfectly. I am convinced that these two entities being brought together will, thanks to their similar values, open up optimal perspectives for the employees and the customers," Ales Kupsky, Avectris CEO.
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