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Thomas-Krenn completed the merger with EXTRA Computer in a $150m deal.

Synopsis

Thomas-Krenn, a manufacturer of customized server and storage systems, completed the merger with EXTRA Computer, a medium-sized IT manufacturer with products such as PCs, notebooks, servers, in a $150m deal. “The past three financial years have been the most successful in the history of both companies. The merger of Thomas-Krenn and EXTRA catapults both companies to the next level. This is how a strong manufacturer is created that is active throughout Europe. For us, a merger represents the best possible succession plan and is in the best interest of customers and employees. Because it secures long-term jobs at both locations and strengthens skills here and there," Heinz and Wolfgang Fetzer, EXTRA Founders.

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