ALSO Group: Acquisition of PC Factory Group, Poland, approved

The European cartel authority today unconditionally approved the planned acquisition by ALSO Holding AG. The company has been active in the IT market since 2001 and distributes hardware, software, and solutions from well-known vendors. In addition, the Group delivers comprehensive service solutions in the areas of warehousing, logistics, eCommerce, and merchandising. Through the acquisition of the broad customer base and the existing vendor contracts, the competitiveness of ALSO Polska will be increased and an even faster market entry achieved. The transaction should be completed in November.