Aug 22, 2024 - Tallinn

Press release: Acquisitions of SWS and Entec in Czech Republic and Slovakia completed: ALSO now provides access to its full offering in the region

Following approval by the authorities, the acquisitions of SWS a.s., an IT ecosystem provider in the Czech Republic, SWS International, an IT ecosystem provider in Slovakia and Entec, a value-add distributor in the Czech Republic, have been finalised.

SWS and Entec add about 3,800 resellers, important vendors like Dell, HP Inc, Lenovo, Huawei and crucial solutions and services capabilities in infrastructure, data centres and networks to ALSO’s business in the Czech and Slovak republic. With this offering, the group now can address about 3 billion euros of the regional ICT market, which is one of the largest and most dynamic in Eastern Europe.

Wolfgang Krainz, CEO of ALSO Holding AG (SIX: ALSN): “These acquisitions position us as a leader in this very attractive region. By combining the extensive SMB customer base of SWS, the solutions know-how of Entec, and the platforms of ALSO Group, we are now able to offer both resellers and vendors full access to our comprehensive ecosystem.”