CORVEL has advised ALSO Holding AG ("ALSO"), listed on the Swiss stock exchange SIX, on a further acquisition.
On 28. April 2021, ALSO signed a purchase agreement regarding PIN Computers doo, a leading IT provider with operations in Serbia, Montenegro and Bosnia-Herzegovina. This is part of the ALSO’s growth strategy in the region. PIN Computers, founded in 1995, offers IT equipment, mobile devices, and consumer electronics to its large customer base.
ALSO Holding AG is a leading European full-range provider for the ICT industry with a presence in 24 European countries and sales of EUR 11.9 bn. (2020) and over 4,000 employees across Europe. Main shareholder is Droege Group, Düsseldorf, Germany.
CORVEL has acted as lead advisor for ALSO in the transaction.
Advisors ALSO Holding AG
CORVEL (Hamburg): Dr. Philipp Jacobi (lead), Tobias Brandenburg
Wolf Theiss (Belgrade): Nataša Lalovic Marić, Aleksandar Ristic (Serbian Law)
Wolf Theiss (Vienna): Guenter Bauer (Antitrust)
Hamburg, 30 April 2021