Oct 27, 2021 - Tallinn

Press release: ALSO further strengthens expertise

On 26. October 2021, the Technology Provider signed a purchase agreement with IREO Soluciones y Servicios, a Spanish value added distributor with an SMB focus.

Through the acquisition, ALSO will expand the successfully started cloud business in Spain even faster. IREO's solutions are going to be integrated into Cloud Marketplace (ACMP). The acquired know how will be used to enhance business in all other European countries and with the Platform-as-a-Service partners, too.

“We are consistently pursuing our MORE strategy of sustainable profitable growth. With its SMB focus and profound know how in managed services and security, IREO will help us to grow in these areas,” says Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN).