Getronics Completes Acquisition of Colt’s Cloud Business and Launches New Managed Cloud Services Portfolio

The Getronics Family, a group operating under the brands of Getronics, GWA and Connectis, today announced the close of their acquisition of Colt’s managed cloud business and the launch of Managed Cloud Services, a portfolio of cloud solutions designed to help organisations thrive in today’s digital economy.

Furthermore, a long-term strategic partnership has been agreed between the Getronics family and Colt, where the Getronics family will provide Managed Cloud Services to Colt’s customer base and will utilise Colt's network, voice and data centre capabilities.

The acquired Colt Managed Cloud business, positioned by Gartner as a leader in the European Gartner Magic Quadrant for Cloud-enabled Managed Hosting for the past three consecutive years, came with around 600 managed cloud customers. These customers are spread across 11 countries, hosted from best-in-class data centres in 12 different European locations.

Getronics has amalgamated this business with its existing cloud business to form a new portfolio of cloud services, known as Managed Cloud Services. Fully integrated into Getronics’ broader portfolio of IT services, it offers customers Workspace as a Service capabilities, whether that be dedicated, shared or public cloud services – or a combination of all three – all backed by Getronics’ end-to-end managed services.

Mark Cook, Group CEO at Getronics said: “This latest deal is a significant one for Getronics because it reconfirms our continued strategy of growth as well as significantly increases our critical mass in the European cloud market, both in terms of additional customers and capabilities. We welcome our new customers and employees to the Getronics family and are excited to provide a great platform for our mutual continued growth.”

Matthias Täubl, Vice President at AURELIUS, comments: “This is the 6^th add-on acquisition to the Getronics family since it was acquired by Aurelius in 2012. It represents the latest step in our sustainable investment in the group, to complement their organic growth. We are delighted with the progress of the group in realising its digital transformation strategy, on the way to becoming the leading independent ICT Managed Services provider in today’s IT services market”

The financial terms of the deal are undisclosed.

Ends

About Getronics

The Getronics family is an ICT Services group consisting of the Getronics and Connectis brands and is owned by the AURELIUS Group, a holding company headquartered in Munich, Germany. With an extensive history that extends over 125 years, the Getronics family has nearly 6,500 employees in 22 countries across Europe, Asia Pacific & Latin America, and has a complete portfolio of integrated ICT services for the large enterprise and public sector markets. This includes Workspace, Applications, Unified Communications, Data Centre, Cloud, Consulting, Partner Technology, Managed Services and Security.

Getronics is a leading member in the Global Workspace Alliance, a unique model that provides customers with a consistent IT service throughout the world, with one single point of contact and billing entity, delivering services to over 90 countries. The GWA is ranked number 3 globally according to OVUM’s Managed/Maintained End-user Devices with a total of 7.4M assets.

About Aurelius Group

Aurelius is a leading pan-European investment group with offices in Munich, London, Stockholm and Madrid. It invests in companies or brands with development potential across a range of sectors. Under Aurelius’ ownership, investee companies are provided with long-term, strategic direction and financial support to help them develop, grow and achieve their full potential.

Currently, Aurelius’ portfolio of investments consists of 23 businesses, with operations in Europe, Asia, and the U.S.A. These include traditional consumer brands, services businesses and a number of industrial enterprises.

Shares of AURELIUS SE & Co. KGaA are listed in the m:access segment of the Munich Stock Exchange and are traded on all German stock markets under ISIN DE000A0JK2A8.

For more information, visit www.aureliusinvest.com

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Contact information

For Getronics
Laura Spence
3 Monkeys Communications
Phone +44 (0) 20 7009 3100
Getronics@3-monkeys.co.uk
or
Anke Banaschewski
Investor Relations & Corporate Communications
Phone +49 (89) 544799 – 0
Fax +49 (89) 544799 - 55
investor@aureliusinvest.de