Getronics creates strategic partnership in France with APX Synstar

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Overig advies 11/12/2006 08:34
The deal creates a focused national player and a strong partnership,
ensuring continued high quality service delivery to Getronics’ clients
in France and strengthened services in Belgium.
Getronics, the international ICT Services and Solutions Company, announced
today the completion of the sale of 67% of its business activities in France to the French ICT Services and Solutions company APX Synstar. In addition, APX
Synstar has transferred all of its business activities in Belgium (APX Belgium
SA/NV) to Getronics.
The new strategic partnership in France, created with the assistance of KPMG
Corporate Finance, enables Getronics and APX Synstar to leverage each other’s
capabilities to deliver best-of-breed end-to-end solutions (including applications and managed services) to their clients in France. The deal creates a strong, focused national player with in-depth knowledge of the French market, a prestigious client base and a wealth of expertise in designing, building, deploying and managing ICT services and solutions. At the same time, Getronics is also able to further strengthen its services and capabilities in Belgium.
Noël Saille, APX Synstar Chairman and CEO, and Jean-Claude Vandenbosch, the
nominated non-executive board member for Getronics stated: ‘With its more
than 1,200 employees and our complementary installed base of clients, the
newly formed group has the critical mass and expertise to become a leader in
France in end-to-end secured Infrastructure Solutions and Services. We have a
compelling proposition and an extended portfolio of Applications, Infrastructure
Integration and Managed Services. Everything we do is focused on keeping our
clients’ business running and on improving our clients’ workforce productivity.’

By means of this strategic partnership and through its highly effective Global
Service Delivery capabilities, Getronics will continue to provide the same high
levels of service to its international clients. This strong partnership is a further step in Getronics’ strategic plan to focus on strengthening its core businesses and providing its services to its international clients around the world.
The financial details of the deal are in line with the disclosures in the press
release of 27 September 2006.

About APX Synstar
APX Synstar is an ICT Services and Solutions provider operating mainly in France and the Benelux. APX Synstar employs approximately 440 people and has approximate revenues of €100 million.
APX Synstar designs, builds, deploys and supports critical IT Infrastructure for large accounts, regional mid-size companies and public entities. APX Synstar is vendor independent, with technological partnerships and certifications with the leading manufacturers.
For further information, visit www.apx-synstar.fr.



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