Computacenter - Acquisition
11 6월 1999 - 6:16PM
UK Regulatory
RNS No 6296r
COMPUTACENTER PLC
10 June 1999
COMPUTACENTER ANNOUNCES ACQUISITION IN BELGIUM
Computacenter plc, one of Europe's leading IT systems and services
providers, today announced the acquisition of the distributed systems and
services Division of ECS International Belgium. Computacenter will fund
this acquisition from existing cash resources for a total payment of up to
1.64 million Euros.
The ECS Division focuses on corporate customers and is one of the ten
largest corporate distributed systems and services providers in Belgium
with calendar year 1998 revenues in excess of 20 million Euros.
The ECS Division will be the foundation for Computacenter's new Belgian
subsidiary, Computacenter NV/SA. Computacenter will run the business from
its base in Brussels and intends to establish a Branch office in
Luxembourg.
Commenting on the announcement Martin Hellawell, Computacenter General
Manager for Corporate Development and Marketing said:
"The ECS business represents an exciting opportunity for Computacenter to
enter the Belgian and Luxembourg markets while strengthening our European
capability. By further leveraging the scale and expertise of our
established businesses in the UK, France and Germany, we believe that we
can achieve significant growth in these geographies. Our new local team
will focus on using our core systems and service delivery experience to
deliver 'best-in-class' services to our Belgium and Luxembourg customers."
Jacques SORREL, ECS Group Chairman and CEO commented: "with this operation
ECS Group completes the refocussing of its activities on its core business,
technology finance and services solutions, and concentrates its investments
in developing its leading position on this market in Europe."
About Computacenter
Computacenter is the largest UK-owned distributed IT systems and services
company. The company provides a full range of value added services at each
stage of the technology life cycle from the planning and requisition of
appropriate technologies, through to their implementation within a
company's existing infrastructure to their subsequent support and
management.
This modular offering is designed to give customers the flexibility to
choose one, several or all of the services as and when required. The
company's corporate and government clients are served by a network of 30
branches across the UK, France and Germany. Turnover for Computacenter
France grew 70% to #165.8 million for the year ended 31 December 1998.
Computacenter Germany's turnover rose from #3.7 million in 1997 to #37.1
million in 1998 - its first full year of trading. The two subsidiaries
employ over 700 staff.
Computacenter plc recorded revenues up 39% to #1,586 million and profit
before tax up 37% to #64.6 million in 1998 and currently employs over 5,000
people. Visit Computacenter's web site at www.computacenter.com.
About ECS
ECS, a subsidiary of the leading French bank Societe Generale, is Europe's
largest independent technology finance company. Since the early 1970's ECS
has been providing technology finance and services solutions to many
thousands of customers. ECS is uniquely qualified to advise and assist in
the procurement, management and safe disposal of all high technology
equipment. With established businesses in 45 locations in France, UK,
Germany, Belgium, Netherlands, Italy and Spain, the total ECS revenues
reach 1,28 Bn EUROS in 1998. Visit ECS's web site at www.ecs-group.com.
Contacts :
Martin Hellawell
General Manager, Corporate Development
T : 44 (0) 171 593 4465
Phil Williams
Computacenter Corporate Communications
T : 44 (0) 171 593 4554
Mohammad Siddiqi
Computacenter Belgium
T : 32 (0) 2 711 2286
END
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