ALSO Holding AG
SIX : ALSN

ALSO Holding AG

June 10, 2016 01:15 ET

ALSO Expands in Europe - New Presence in Belgium

EMMEN, SWITZERLAND--(Marketwired - June 10, 2016) - ALSO is driving its expansion course adding Belgium as its 15th country with a local subsidiary. The company will provide the full range of services to customers in Belgium and Luxembourg. "We know the Belgian market well as we have served it over the last 20 years through an export model. Today, we are already the market leader in printing supplies in Belgium, serving hundreds of unique resellers and retailers in the IT and stationary segment. Now we strengthen our presence in Belgium with our new office in Ghent," said Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX:ALSN).

The ALSO team in Belgium offers a bilingual webshop and cooperates with leading vendors such as Asus, WD, Intel, Seagate, Lexmark, Netgear, LaCie, Epson, Eaton, APC and Solidfire. Full logistical infrastructure is supported by ALSO's warehouse in the Netherlands, keeping turnaround times to a minimum.

With Belgium, ALSO is active in 15 European countries: Denmark, Germany, Estonia, Finland, France, Latvia,
Lithuania, the Netherlands, Norway, Austria, Poland, Slovenia, Sweden and Switzerland.

Direct link to the press release: http://www.also.com/goto/20160609en.

ALSO Holding AG (Emmen/Switzerland) brings providers and buyers of the ICT industry together. The company offers services at all levels of the ICT value chain from a single source. In the European B2B marketplace, ALSO bundles logistics services, financial services, supply services, solution services, digital services, and IT services together into individual service packages. ALSO's portfolio contains more than 160,000 articles from some 350 vendors. The Group has around 3,600 employees throughout Europe. In fiscal year 2015 (closing on December 31), the company generated net sales of
7.8 billion euros. The majority shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at www.also.com.

Disclaimer

This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSO management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular the results, financial situation, and performance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.

Contact Information