Jul 13, 2022 - Emmen

Acquisition completed: ALSO boosts Hungarian coverage

Following approval by the relevant authorities, the Technology Provider has completed the acquisition of Hungarian distributor Ramiris’ IT Division. The company will operate under the name ALSO Ramiris with immediate effect. Both enterprises have started collaborations and are working from the same offices, enabling a fast and seamless integration of teams and processes.

ALSO has already been established in the country, constantly expanding its vendor portfolio and market offers not only in the Supply, but also in the Solutions and as-a-Service area. At the same time, the company has invested into new digital sales platforms as well as opened a new Warehouse end of 2020. The acquisition has been the latest step into the direction of becoming a strong business leader in the country.

Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN): “Ramiris has been one of the Top 3 IT providers in Hungary. Their technological expertise and focus on SMBs customers make them an excellent fit for us. The combination of ALSO's extensive portfolio of vendors, technologies, and services and Ramiris' large customer base makes the new company a force to be reckoned with. Covering the transactional and consumptional route to market, we are perfectly positioned to support our resellers and drive sustainable profitable growth.”

Contact

For media inquiries:

Beate Flamm

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

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