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ALSO acquires DISS in Slovenia

by Stuart Wilson, Friday 20 July 2018

Gustavo Möller-Hergt, CEO of ALSO Holding
Gustavo Möller-Hergt, CEO of ALSO Holding

Distribution giant ALSO has announced today that it has acquired DISS, a leading Slovenian distributor of software and IT equipment from vendors such as HP and HPE, headquartered in Ljubljana. The parties agreed to keep the purchase price confidential. The closing of the transaction, which is expected in the coming months, remains subject to the usual regulatory approval. As part of the transaction, ALSO has also acquired DISS’s two subsidiaries: VAD, a specialised distributor of IT equipment and software produced by DELL EMC, and Marmis, a distributor of IBM’s software for medium-sized and large systems intended for the control of corporate security and business processes.

Founded in 1998, DISS in recent years has achieved above-average growth in its industry with sales activities focused around various vertical markets. DISS and its subsidiaries are focuses on product lines, which require extensive pre-sales support and benefit from a strong focus on technical training. In 2017, the company employed about 70 people and hit sales of US$94.3m.

“The acquisition of DISS fits right into our portfolio policy with the objective to attain or hold the first or second market position in all countries where we operate. ALSO’s Consumptional Business offering will also be an important source of potential growth. With this step, ALSO is expanding and strengthening its presence in the region. We look forward to collaborating closely with the entire DISS team,” said Gustavo Möller-Hergt, CEO of ALSO Holding.

Boris Kikelj and Janko Jenko, the representatives of DISS’ sellers and long-term supervisory board members, stated: “We are pleased to have reached an agreement with one of the most successful end-to-end IT infrastructure and service providers of the world. With a strategic owner like this, we ensure that the Slovenian market and our partners will continue to have access to the latest information solutions. At the same time, possibilities for growth are opening up for the company as it gains access to new markets and new services.”

They added: “We are excited about the future of DISS as we believe this transaction is beneficial for buyers, employees, suppliers as well as all other stakeholders.”

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August, 2019

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