23.des.2021 - Stokke

ALSO acquires largest IT divisions of Portuguese JP Sá Couto

Combined with ALSO’s digital management tools and operational excellence, this presents an excellent base to scale profitable growth. “It was very important for us to find a new owner for the largest part of our operations who will continue what we have built over the last 30 years, while JP Sá Couto Holding will continue focusing on education projects in Portugal and all over the world”, states Chairman Jorge Manuel Fidalgo Martins Sá Couto.

The deal includes commercializing the educational platform and gaming brand of JP Sá Couto in Europe, complementing ALSO’s already existing expertise and offers in these areas. Joao Paulo Fidalgo Martins Sá Couto, Vice-President, confirms: “ALSO not only understands our industry but also our culture and invests in our country and our team. I am very much looking forward to accompanying the transformation and integration of our company, passing on our knowledge and making the new entity a force to be reckoned with in Portugal and beyond.”

With the acquisition, which is still subject to the standard regulatory approvals, ALSO is offering all its 3 business models in the region. Portuguese resellers will be able to establish and grow their consumption business with the company’s Cloud Marketplace and the digital platforms like IoT, Cybersecurity or Artificial Intelligence. Migrating educational and gaming offers to the ALSO Cloud Marketplace (ACMP) will create an improved portfolio for end customers in all countries, enabling further monetization of the Unique Users.

Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN): “By consistently following our strategy, we have enhanced our ecosystem and created additional growth opportunities. At the same time, we are constantly increasing our knowhow and vertical expertise to drive monetization.” The company reiterates the 2021 guidance of EBITDA between 240 and 255 million € with a ROCE of 15 to 20 percent.