28-11-2023 - Tåstrup

Acquisition of Target Holding GmbH: ALSO strengthens position as a leading technology provider in Austria

The company is a perfect addition to the existing ALSO portfolio. The acquisition, which is still subject to the standard regulatory approvals, and the associated further expansion of its ecosystem will make the Technology Provider one of the market leaders in Austria.

Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN): “With this acquisition, we can offer our customers even greater added value. The latest AI applications require powerful devices to process the huge amounts of data. Apple products with their new M3 processors play an important role in this. We will continue to drive growth and success in the region.”