Getronics completes acquisition of ITS Overlap in France

In line with its strategy of growth which is both organic and inorganic, Getronics has acquired ITS Overlap, one of the leading French ICT integrators and a subsidiary of the ITS Group (Euronext: ITS.PA). ITS Overlap with 5 locations across France and has a turnover of ˆ50m per year, serving 400 customers. As one of the historic players in the French ICT market, the digital services provider focuses primarily on delivering and optimising customer IT infrastructures for medium-sized companies, specialising in digital integration and transformation.

With the acquisition, Getronics is set to become an even stronger force, both inside and outside of France. “With 3 of its 20 European Data Centres based in France, Getronics was already a well-established entity. Now, thanks to the acquisition, we will be able to serve our customers even better with a broader offer of end-to-end solutions in terms of integration, business software tools (for airports and health systems, for example), multi-cloud management and unified communication”, confirms Francis Weill, Managing Director France and Western & Central Europe for Getronics.

Getronics is the leading European provider of digital transformation solutions with a rich history that extends over 130 years and a consolidated revenue reaching $1.3 billion globally. With a presence in 23 countries worldwide and coverage in over 110 countries through the Global Workspace Alliance, Getronics will continue to build local customer relationships and provide local solutions, backed by the strength of a global service delivery organisation.

“It goes without saying that we are very pleased with this most recent acquisition”, states Nana Baffour, Chairman and Group CEO of Getronics. “Thanks to this new size, we are ready to fulfill our ambition of being the best partner for our customers in France as in the rest of the world, using the latest technologies to support them in their digital transformations. As ever, it’s a matter of honor for us to consistently deliver the best services and solutions in order to build long-lasting relationships with our customers.”

“Getronics presented the best plan ITS Overlap employees”, comments Jean-Michel B?nard, Chairman and CEO of the ITS Group. “They will join an ambitious group, with whom we will continue to collaborate on joint opportunities. For the clients and partners of ITS Overlap, too, Getronics was the best project. Thanks to the complementarity of our respective services, but also our specific knowledge of the French market on the one hand and Getronics’ global reach on the other, we will be able to further extend and strengthen our combined portfolios, in order to serve our clients even better.”