Jan 29, 2014 - Emmen

ALSO Group: Acquisition of Alpha International BV

ALSO Holding AG has signed a purchase contract for the acquisition of Alpha International BV, Nijmegen, Netherlands. The company is wholly owned by Saphin BV, Nijmegen, Netherlands.

Alpha International BV distributes printer and computer accessories in Europe. In 2012, Alpha International BV reported revenue of approximately 587 million euros and had around 108 employees. ALSO Holding AG intends to acquire 100 percent of the shares of Alpha International BV. With this acquisition, ALSO aims strengthen and further develop its expertise in the Supplies business in all countries in which Alpha and ALSO are represented. In addition, ALSO will strengthen its existing Distribution activity in Benelux in order to occupy a dominant role in the future. Alpha and ALSO Netherlands will have a joint management.

Completion of the acquisition is subject to certain conditions, particularly approval by the responsible cartel authorities.

Contact

For media inquiries:

Beate Flamm

Senior Vice President Sustainable Change
+49 151 61266047
beate.flamm@also.com