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Announced

ALSO to acquire Westcoast.

Synopsis

ALSO, a listed distribution and logistics company based in Emmen, Switzerland, agreed to acquire Westcoast, a provider of IT products and services. Financial terms were not disclosed. "This is an alliance of two highly successful businesses sharing the same mindset of growth. Over the last 42 years, our company went from strength to strength. And this is how it will remain in the future. The continuity of the business, which is paramount for vendors, customers, and our team alike, is secured with this move. I am excited to play an active role during what I know will be a smooth transition and beyond," Joe Hemani, Westcoast chairman.

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