11.07.2018
Bechtle AG DE0005158703
DGAP-News: Bechtle intends to acquire on Inmac Wstore
DGAP-News: Bechtle AG / Key word(s): Takeover/Contract
Bechtle intends to acquire on Inmac Wstore
11.07.2018 / 07:52
The issuer is solely responsible for the content of this announcement.
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Bechtle intends to acquire on Inmac Wstore
- Inmac Wstore would put Bechtle among the top 5 French IT companies
- Largest acquisition in the company's history
Neckarsulm, 11. July 2018 - Bechtle AG announces its intention to acquire
the French IT provider Inmac Wstore S.A.S. An agreement to this effect was
signed today. Before the share purchase agreement can be ultimately signed,
French law stipulates consultation of the Inmac Wstore employees' workers
council. The acquisition is also subject to customary French regulatory
approvals. The sale to Bechtle, if completed, would be the biggest
acquisition in Bechtle's history. In 2017, Inmac Wstore recorded sales of
around EUR420m while employing more than 400 people. The company has been a
part of the American Systemax Group since 2009 and was formed after the
merger of Inmac, founded in 1984, and Misco, founded in 1991. The company
sells IT products on the French market under the names In-mac Wstore and
Misco. The sale to Bechtle would mean that Systemax would withdraw
completely from the IT market.
"As a European company, we would gain further market share with Inmac Wstore
as well as a leading position in another important market", says Dr Thomas
Olemotz, CEO, Bechtle AG. "This acquisition would be a significant step
towards achieving our Vision 2020, which not only provides for a revenue of
5 billion euros and 10,000 employees, but also positions Bechtle as the
number 1 in European IT e-commerce."
Strengthened market position in Europe
The acquisition of Inmac Wstore would push Bechtle into the top 5 French IT
companies. Bechtle has been active in the French market with the brands
Bechtle direct, Bechtle Comsoft and ARP since 2000. France is the third
largest IT market in Europe after the United Kingdom and Germany. "Inmac
Wstore is our first choice to help to further strengthen our business in
Europe. It's a well-led company with an excellent reputation in its
industry. It's remarkable how alike our corporate cultures are, which is
another important aspect enabling us to quickly make the most of our
synergies", says Jürgen Schäfer, COO E-Commerce Bechtle AG.
Identical business model
As with Bechtle's e-commerce division, Inmac Wstore uses the combined
distribution channels of online shops and consultation by qualified sales
staff. Customers of both companies include both enterprises and the public
sector. Bechtle would complement Inmac Wstore's product range, particularly
in the areas of software (Bechtle Comsoft) and cloud computing (Bechtle
Cloud Platform) as well as in the support of international customers
(Bechtle International Business Unit and Global IT Alliance). The
acquisition would create considerable synergies, in particular through the
combination of strong logistics and higher purchasing volumes.
Continuity in leadership, structure and locations
Jacques Théfo, Président of Inmac Wstore: "By joining the Bechtle Group, we
see an excellent opportunity for our company to serve our customers in the
long term as a strong IT partner with an expanded portfolio. I am
particularly pleased that our employees will benefit from the stability and
security of a large employer-with a corporate and management culture that
suits us very well." As is usual with Bechtle acquisitions, Inmac Wstore
would continue to operate in its existing structure under the established
management team. The company's headquarters in Roissy-en-France, near Paris,
plus offices in Plessis and Angoulême would also be taken over, which would
add to Bechtle Group's current locations in Molsheim, near Strasbourg
(Bechtle direct), Paris, Sophia Antipolis, Nantes, Lille and Lyon (Bechtle
Comsoft) and Courtaboeuf near Paris (ARP).
***
About Bechtle:
Bechtle AG is one of Europe's leading IT providers, with some 70 systems
integrators in Germany, Austria and Switzerland as well as e-commerce
subsidiaries in 14 European countries. Founded in 1983, the company is
headquartered in the southern German town of Neckarsulm and currently
employs some 8,600 people. Bechtle provides 70,000 customers from the
industrial, trade, financial and public sectors with a comprehensive,
vendor-neutral portfolio that covers all aspects of IT infrastructure and
operation. Bechtle is listed on the German stock index TecDAX. In 2017, the
company generated revenues of around 3.6 billion euros. Learn more at:
bechtle.com
Contact
Investor Relations Corporate Communications/Press
Martin Link Sabine Brand
[email protected] [email protected]
Tel: +49 7132 981-4149 Tel: +49 7132 981-4115
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11.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Archive at www.dgap.de
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Language: English
Company: Bechtle AG
Bechtle Platz 1
74172 Neckarsulm
Germany
Phone: +49 7132 981-0
Fax: +49 7132 981-8000
E-mail: [email protected]
Internet: bechtle.com
ISIN: DE0005158703
WKN: 515870
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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703415 11.07.2018
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