VINCI Energies Acquires Major Portion Of IT Services Business Of Kontron AG
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Bolstering VINCI Energies’ position in the ICT market
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Introducing the Axians brand into new markets in central and eastern Europe
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€360 million revenue and 1,600 employees based in 11 countries
VINCI Energies has signed an agreement to acquire a major portion of the IT services business of Kontron AG – formerly S&T AG, a leading player in the field of IoT products in Europe.
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The agreement covers operations in Germany, Switzerland, Poland as well as eight other countries in central and eastern Europe. Kontron AG specialises in IT systems integration and services for cloud and datacenters, IT networks and cybersecurity, digital workspace as well as dedicated business applications.
This acquisition will enable VINCI Energies, through its Axians brand, to strengthen its position in the European ICT market by integrating €360 million in additional full-year revenue as well as 1,600 people.
The agreement is subject to approval from the relevant competition authorities.
Generating over €2.7 billion in revenue in 2021 across 27 countries, VINCI Energies’ Axians business units operate at the heart of the digital transformation. They deliver customised, innovative, scalable and sustainable solutions to support their customers, covering the entire data life cycle: collection, transmission, storage, processing, analysis, sharing and protection.
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VINCI is a global player in concessions, energy and construction businesses, employing more than 260,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general
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