{"id":18282,"date":"2019-05-07T23:13:17","date_gmt":"2019-05-07T20:13:17","guid":{"rendered":"http:\/\/investsofia.com\/en\/?p=18282"},"modified":"2019-05-07T23:13:17","modified_gmt":"2019-05-07T20:13:17","slug":"switzerland-based-also-holding-acquires-leading-distributor-solytron-bulgaria","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/switzerland-based-also-holding-acquires-leading-distributor-solytron-bulgaria\/","title":{"rendered":"Switzerland-based Also Holding acquires leading IT distributor Solytron Bulgaria"},"content":{"rendered":"<div id=\"modal-ready\"><p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-18278 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-300x118.png\" alt=\"\" width=\"320\" height=\"126\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-300x118.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-260x103.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-50x20.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-150x59.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding.png 357w\" sizes=\"(max-width: 320px) 100vw, 320px\" \/>Switzerland-based provider of ICT solutions and services provider Also Holding announced the acquisition of Solytron Bulgaria. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Founded in Sofia in 1991, Solytron Bulgaria, with sales of \u20ac110 million and a market share of over 30%, is one of the leading IT distributors in Bulgaria. The company provides all of the components required to set up modern corporate ICT infrastructures &#8211; network and communication equipment, monitors and multimedia, computer systems and components, peripheral devices, power supply solutions, physical protection systems, accessories and multimedia, software. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the official statement, Solyton has steadily grown for the past six years and its market share of over 30% is a good starting position for Also from which to continue to benefit from Bulgaria&#8217;s economic development. The investment is in line with the aim of Also to expand operations in the region. On completion of the acquisition, the company will be represented in nearly all East European markets except Russia. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALSO Holding AG (ALSN.SW) (Emmen\/Switzerland) offers more than 550 vendors of hardware, software<\/span><b>,<\/b><span style=\"font-weight: 400;\"> and IT-services access to over 100 000 buyers, who can call a broad spectrum of other customized services in the logistics, finance, and IT services sectors, as well as traditional distribution services. The company provides development of complex IT landscapes, provision and maintenance of hardware and software, as well as return, reconditioning and remarketing of IT hardware. ALSO is represented in 18 European countries. It has generated total net sales of approximately 9.2 billion euros with around 4 000 employees in the fiscal year 2018.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Direct link to the <a href=\"https:\/\/files.also.com\/\/holding\/mediarelease\/20190415en.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">media release<\/a>.<\/span><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>&nbsp; Switzerland-based provider of ICT solutions and services provider Also Holding announced the acquisition of Solytron Bulgaria. Founded in Sofia [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":18279,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[179],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.14 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Switzerland-based Also Holding acquires leading IT distributor Solytron Bulgaria | Sofia Investment Agency<\/title>\n<meta name=\"description\" content=\"&nbsp; Switzerland-based provider of ICT solutions and services provider Also Holding announced the acquisition of Solytron Bulgaria. 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