determined - Fotolia
Computacenter expands European footprint with Misco buy
Misco's operation in the Netherlands becomes part of the Computacenter family after the UK player expands its European reach even further
Computacenter is continuing to look to Europe as a source of growth and a home for its investment after snapping up Misco in the Netherlands.
Earlier this year the channel player set up a services centre in Poland after having told investors that it wanted to provide more support to Germany and Eastern Europe.
The Misco operation is a sizeable one, employing 200 people and bringing in €134m in revenues in the last year. The terms of the deal were not disclosed but it is being paid for out of Computacenter's cash resources and the impact on the results will not be a material one.
The reason for the deal is to expand another bridgehead into Europe, building on the existing French and German businesses.
“Misco offers Computacenter a great base of experienced people and established major customers to grow a stable, long-term business in this key European market. In addition to our financial strength and stability, we can bring value to both existing and new customers in the Netherlands through access to Computacenter’s resources, expertise and international capabilities," said Lieven Bergmans, Computacenter’s managing director European Development.
Mike Norris, Computacenter Group chief executive, said that it would be able to use a Netherlands base to support existing customers and as a launchpad for fresh opportunities.
“The Netherlands is an adjacent European market for us and we are excited by the opportunity to build the long-term trust of Government organisations and some of Europe’s largest companies headquartered there," he said.
"Our direct local presence in the Netherlands will also allow us to enhance our support to a number of Computacenter’s largest international clients for whom this is a key location,” he added.
In response, Adriaan Elsman, managing director of Misco Solutions, said that it would have a stronger future becoming part of a larger organisation.
"Computacenter is a strong international ICT service provider.By joining forces, we can develop even better solutions that support our customers in achieving their business objectives. Together we let them take full advantage of the benefits of digital transformation," he said.
