ALSO Holding

ALSO Holding AG is a listed distribution and logistics company based in Emmen, Switzerland.[1]

ALSO Holding AG
TypeAktiengesellschaft
ISINCH0024590272 
IndustryIT distribution
Founded1988
HeadquartersSwitzerland
Revenue 10.7 billion (2019)[1]
Number of employees
4,594 (2019)[1]
ParentDroege International Group
Websitewww.also.com


Background

ALSO offers more than 550 vendors of hardware, software and IT-services access to over 100 000 buyers, who can call a broad spectrum of other customized services in the logistics, finance, and IT services sectors, as well as traditional distribution services. From the development of complex IT landscapes, the provision and maintenance of hardware and software, right through to the return, reconditioning and remarketing of IT hardware, ALSO offers all services as a one-stop shop.

In 2019, ALSO had a turnover of 10.7 billion euros.[1] ALSO is active in 23 European countries: Austria, Belarus, Belgium, Bulgaria,[2] Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Latvia, Lithuania, Netherlands, Norway, Poland, Romania, Slovakia, Slovenia, Sweden, Switzerland and Ukraine.

ALSO was founded in 1984 and has been listed on the Swiss stock exchange since 1986. In 1988, ALSO became majority-owned by Schindler Holding AG. On February 9, 2011, Actebis of Germany and the ALSO Holding of Switzerland merged their activities and renaming the company ALSO-Actebis Holding with its headquarters in Switzerland. On March 14, 2013, the name was changed back to ALSO Holding AG.

In 2016, their largest subsidiary - representing 44% of sales - ALSO Deutschland GmbH, is located in Soest, Germany. Once the largest IT distributor in Germany, ALSO Deutschland is now second to Ingram Micro after Ingram's 2013 purchase of Brightpoint Inc.[3]

In October 2019, ALSO Holding completed the acquisition of IT Solutions distributor Solytron Bulgaria. [4]

In November 2019, ALSO signed distribution agreements with the companies Delfin, Girbau and Hovmand, extending its range of offerings for the HP Multi Jet Fusion industrial 3D printer that has been part of the portfolio since 2017.[5]

Shareholding structure

The majority of shares are privately held:

  • 51.30% Special Distribution Holding GmbH, Düsseldorf (Germany)
  • 3.00% SaraSelect, c/o J. Safra Sarasin Investmentfonds AG, Basel (Switzerland)

References
  1. "Annual Report 2019" (PDF). ALSO Holding (in German). Retrieved 2020-05-23.
  2. ALSO completes takeover of leading Bulgarian IT distributor Oct. 29, 2019
  3. Channel Partner von IDG: "Die Top 30 in Deutschland" von Christian Töpfer 08.08.2016
  4. Tanev, Mario (2019-10-30). "Also Holding wraps up takeover of Solytron Bulgaria". See News. Retrieved 2020-04-06.
  5. "ALSO HOLDING AG EQS-News: ALSO further extends 3D technology portfolio". www.webdisclosure.com. 2019-11-28. Retrieved 2020-04-06.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.