Jul 10, 2017 - Emmen

ALSO finalizes the acquisition of Dutch distributor Five 4 U

ALSO Holding AG (SIX: ALSN) today reported that it has completed its previously announced acquisition of Dutch distributor Five 4 U B.V. Anti-trust authorities have approved the transaction.

“The acquisition opens up new customer groups in the Netherlands and Belgium. At the same time we can expand our product portfolio, foremost in the area of graphics. This will create an important basis for our 3D printing business. It’s a perfect addition to ALSO,” explained Gustavo Möller-Hergt, CEO of ALSO Holding AG.

Five 4 U is one of the leading specialized distributors for hardware and software in the Benelux. The company is a distributor for Apple and other hardware providers such as HP and Epson. Furthermore, Five 4 U offers its customers software and IT services.

Direct link to the press release: http://www.also.com/goto/20170710en

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