Bechtle looking to acquire Inmac WStore
Bechtle intends to acquire Inmac Wstore Neckarsulm, 11.07.2018 - Bechtle AG announces its intention to acquire the French IT provider Inmac Wstore S.A.S. An agreement to this effect was signed today. Before the share purchase agreement can be ultimately signed, French law stipulates consultation of the Inmac Wstore workers council. The acquisition is also subject to customary French regulatory approvals. The sale to Bechtle, if completed, would be the biggest acquisition in Bechtle's history. In 2017, Inmac Wstore recorded revenues of around EUR420m while employing more than 400 people. The company sells IT products on the French market under the names Inmac Wstore and Misco. As is usual with Bechtle acquisitions, Inmac Wstore would continue to operate in its existing structure under the established management team. The acquisition of Inmac Wstore would push Bechtle into the top 5 French IT companies.
Contact: Bechtle AG Investor Relations Martin Link Telephone: +49 7132 981-4149 email@example.com
Information and Explanation of the Issuer to this News:For further information please refer to our press release at bechtle.com/de-en/about-bechtle/press Pour plus d'informations, veuillez bien voir notre communiqué de presse sur bechtle.com/presse
11-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Bechtle AG Bechtle Platz 1 74172 Neckarsulm
Germany Phone: +49 7132 981-0 Fax: +49 7132 981-8000 E-mail: firstname.lastname@example.org Internet: bechtle.com ISIN: DE0005158703 WKN: 515870 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service
702753 11-Jul-2018 CET/CEST