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4Getronics activities acquired

AURELIUS and Royal KPN (The Hague, Netherlands) intend to enter into a transaction regarding the acquisition of the Getronics activities in Europe and APAC (hereafter “Getronics Europe and APAC”). Getronics Europe and APAC is an IT service provider offering innovative solutions in the fields of workspace management, data management and hosting, as well as consulting services.

AURELIUS will acquire Getronics Europe and APAC with operational units in seven European and five APAC countries, with a total of 2,900 staff members and a turn-over of approximately 450 million euros in 2011. KPN will remain a long-term strategic partner via a minority stake in Getronics Europe and APAC. The intended transaction is subject to customary closing conditions and the relevant antitrust authorities will be notified. The intended transaction is expected to be completed during the course of the second quarter.

Haver & Mailänder advised Aurelius AG on competition on the deal. Dr. Ulrich Schnelle led the team.

 

 

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