AURELIUS acquires remaining shares in Getronics
- Acquisition follows on the company’s positive performance
- Getronics/Connectis Group to become an all-round IT consulting firm
- Above-average growth and rising profitability in 2015
Munich, June 22, 2015 – AURELIUS Group (ISIN DE000A0JK2A8) now owns 100% of Getronics. AURELIUS has held a majority interest in this international IT consulting firm since 2012, and now it has purchased the remaining 22 percent. “The acquisition of the remaining shares from Dutch Royal KPN is good for Getronics and AURELIUS,” said Dr. Dirk Markus, CEO of AURELIUS. “The company has grown its revenues and increased its profitability in the last two years, and we want to continue growing with the Getronics/Connectis Group.”
Since being acquired by AURELIUS, this international IT services provider has plotted a steady course of growth. Following the successful integration of the AURELIUS IT subsidiaries IDS, Telvent, and Steria, the Getronics/Connectis Group is now well on the way to becoming a leading provider in the ICT outsourcing market. “The synergies resulting from the integration will strengthen our company further, especially in Germany as one of our core markets, where now more than 600 highly qualified employees provide services to local and international customers,” said Matthias Täubl, the AURELIUS executive responsible for the Getronics/Connectis Group. “By means of further add-on acquisitions, we will be able to gain additional market shares on the strength of new products and services.”
The revenue forecast for 2015 confirms the positive trend. The Management expects to grow the company’s business at a faster rate than the market. Thanks to the successful dual strategy of regional closeness and international reach, the company has acquired prestigious new customers. Profitability is also expected to rise considerably. The synergies to be harnessed by means of efficiently interlinking national subsidiaries and partners will lower costs further on a long-term basis. The company will focus on systematically expanding its international presence.
Since being acquired by Aurelius in 2012, the company has successfully established itself as an independent provider of ICT outsourcing sources. Based on strategic partnerships with companies like Dell, Cisco, and Microsoft, the company has systematically developed its portfolio and successfully met the changing needs of customers. Thanks not least of all to the intensive cooperation with partners within the Getronics Workspace Alliance (GWA), the company has expanded the proportion of total revenues generated on higher-quality services. An only recently launched project that aims to further standardize and automate the offered services has already been very well received by existing and prospective new customers.