Distributor ALSO is buying DISS, a Slovenian distributor with value-added capabilities and focus on solutions. It supplies software and IT equipment from vendors such as HP and HPE, and is headquartered in Ljubljana. The parties agreed to keep the purchase price confidential.
As part of the transaction, ALSO has also acquired DISS’s two subsidiaries: VAD d.o.o., a specialized distributor of IT equipment and software produced by DELL EMC, and Marmis d.o.o., a distributor of IBM's software for medium-sized and large systems intended for the control of corporate security and business processes. Founded in 1998, DISS in recent years has achieved above-average growth in its industry with sales activities focused around various vertical markets, it says.
DISS and its subsidiaries are especially oriented towards product lines, which require pre-sales support and benefits from a strong focus on technical training. In 2017, the company employed about 70 people and earned revenues of €81m. “The acquisition of DISS fits right into our portfolio policy with the objective to attain or hold the first or second market position in all countries where we operate. ALSO’s Consumptional Business offering will also be an important source of potential growth. With this step, ALSO is expanding and strengthening its presence in the region. We look forward to collaborating closely with the entire DISS team,” said Gustavo Möller-Hergt, CEO of ALSO Holding AG.
