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Econocom announces an agreement to acquire 100% of the BIS group and continues its targeted investments strategy with JTRS in the UK and LP Digital in France

Bastien Faugeroux - 03-mai-2017 13:30:32
Econocom group today announces three new external growth transactions to enhance its offering in high-growth markets and deploy its business model internationally with the acquisition of:  100% of BIS group, a multimedia integrator in the Netherlands and Belgium  a 40% stake in JTRS, an Apple and Google distributor in the UK  100% of LP Digital in France through its satellite Alter way ACQUISITION OF BIS TO BUILD A COMPREHENSIVE OFFER IN THE NETHERLANDS Econocom Group has signed an agreement to acquire 100% of BIS Group, a multimedia distributor and integrator on the Benelux market. This transaction is subject to the approval of the Dutch competition authorities. BIS Group posted a revenue of over 50 million euros in 2016 and employs over 220 people. This transaction will enable Econocom to bolster its position in the buoyant multimedia segment (indoor and outdoor digital signage, visio-conference rooms, smart building…), deploy its entire offering in the Netherlands and develop new cross-business line solutions in the key Benelux area. Econocom will now be present with its three business lines in the group’s five priority countries (Belgium, the Netherlands, Spain, Italy and France), which was one of the objectives of the current strategic plan. Yann Toutant, General Manager of Econocom Netherlands: " By acquiring BIS Group, Econocom will be able to offer its clients a complete usage-based payment model for all multimedia integrations. The professionalism of BIS, providing not only technology but also best-in-class integration know-how, combined with the Technology Management & Financing expertise of Econocom will result in a game changing model in how companies manage their investments and integration of multimedia solutions. " Jean-Pierre Overbeek, CEO of BIS Group added: " Together with Econocom, we can help organisations anticipate trends with more flexibility, embrace technology more quickly and bring continual innovation in the way people work and collaborate. " CONTINUATION OF TARGETED INVESTMENTS IN KEY SEGMENTS Econocom has also acquired a non-controlling stake in JTRS (40%), a supplier of technology solutions in the education sector. This fast-growing company is an Apple and Google Education partner in the UK. Econocom, is already established in the UK via its Technology Management & Financing business. Lastly, Alter Way, a satellite specialising in open source and DevOps web solutions, has acquired 100% of LP Digital Agency, thereby increasing its revenue to €15 million. LP Digital Agency is specialising in digital strategy consulting for key accounts.      
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Business France is op 1 januari 2015 ontstaan uit het samenvoegen van Business France, het Frans Agentschap voor de internationale ontwikkeling van bedrijven, en het AFII, het Frans Agentschap voor internationale investeringen. Business France Nederland is een onderdeel van de Ambassade van Frankrijk in Nederland dat Franse bedrijven begeleidt op de Nederlandse markt. Business France bestaat uit een team van 12 Franse en Nederlandse medewerkers en is onderverdeeld in vijf afdelingen. We bieden Franse bedrijven een breed pakket aan diensten en producten aan bij hun eerste stappen op de Nederlandse markt: informatie over exportmogelijkheden, juridische of reglementaire ontwikkelingen per branche, openbare aanbestedingen, brancheinformatie, marktonderzoek, bemiddeling bij samenwerkingsverbanden. In 2016 heeft Business France Nederland meer dan 200 bedrijven begeleid op deze veeleisende markt waar zeker mogelijkheden zijn voor gemotiveerde exporteurs die bereid zijn o

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