Go-ahead for Infotheek to acquire Scholten Awater
New European IT giant serves all market segments
Leiden, The Netherlands, 12 May 2017 – The IT company Infotheek Group, based in Leiden, received regulatory clearance from the Netherlands Authority for Consumers and Markets (ACM) to acquire Dutch market leader Scholten Awater. The acquisition will result in a European IT company with revenues of almost €600 million and over 800 employees in 14 different countries.
Infotheek is purchasing all the shares from Saphin Investment Group, the shareholder of Scholten Awater, for an undisclosed amount. The acquisition is motivated by three main drivers: knowledge sharing, enlarging the portfolio, and benefits of scale in relation to past and future investments.
For both organisations, the acquisition creates an opportunity to grow further and develop into an even stronger European IT reseller and distributor, which can serve the entire market, including large businesses and the public domain as well as smaller businesses and consumers. As a result of the acquisition, Infotheek Group will have all the necessary knowledge and expertise under one roof.