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Getronics reaches agreement in principle with Total Specific Solutions on sale of Business Solutions Local Government and Healthcare
Den Haag, 1-12-08
KPN announces that Getronics and Total Specific Solutions have reached an agreement in principle on the sale of Getronics’ Business Solutions activities for local governments and healthcare in the Netherlands. All activities and approximately 800 employees will be taken over by Total Specific Solutions. Financial details have not been disclosed.
Total Specific Solutions is a focused ICT company with a decentralized structure. Its individual and independent operating companies deliver specific solutions to Top-500 companies, national governments and local governments, focusing on software, business consultancy and ICT services.
The proposed sale of the Business Solutions activities is fully in line with the Getronics strategy that was announced in February 2008. Getronics focuses on providing standardized ICT services in a world where telecommunications and IT merge. Getronics provides workspace management, data centers & hosting services and consulting services.
Erik van der Meijden, CEO at Getronics said, “We are happy to have reached an agreement in principle with Total Specific Solutions. Following this transaction, our customers at local governments and in the healthcare sector are in capable hands, because one of Total Specific Solutions’ core activities focuses on application software. The transaction will also provide our Business Solutions employees with enhanced opportunities for personal development."
Matthieu van Amerongen of Total Specific Solutions: “Local Government and Healthcare provide specific solutions of high quality to its clients’ core activities. Therefore, they are a valuable asset for Total Specific Solutions. Both entities will prosper within Total Specific Solutions, because they will be able to shape their own profiles. We will continue to invest in products and additional services, for which we do not rule out potential add-on acquisitions. In this way, we offer long-term stability for both customers and employees of Local Government and Healthcare. "
The transaction is expected to close early 2009 and is subject to approval from the Dutch competition authority (NMa). Furthermore, the Getronics Central Works Council will be asked for advice.
About Total Specific Solutions
Total Specific Solutions is an ICT company offering specific solutions to Top-500 companies, national governments and local governments, focusing on software, business consultancy and ICT services. Total Specific Solutions currently has offices in the Netherlands, Belgium, Romania and Spain. The company consists of independent operating companies, all top-3 players in their own markets and with clear added value to customers. Total Specific Solutions operates based on a decentralized organizational structure. Following completion of the aforementioned acquisition, Total Specific Solutions employs about 1,700 FTE and generates an annual turnover of EUR 180 million. Total Specific Solutions anticipates further growth in the coming years. More information is available on www.totalspecificsolutions.nl.
About KPN
KPN is the leading telecommunications and ICT service provider in the Netherlands, offering wireline and wireless telephony, internet and TV to consumers and end-to-end telecom and ICT services to business customers. KPN’s subsidiary Getronics operates a global ICT services company with a market leading position in the Benelux, offering end-to-end solutions in infrastructure and network-related IT. In Germany and Belgium, KPN pursues a multi-brand strategy in its mobile operations and holds number three market positions through E-Plus and BASE. KPN provides wholesale network services to third parties and operates an efficient IP-based infrastructure with global scale in international wholesale through iBasis.
At 30 September 2008, KPN served over 37 million customers, of which 29.8 million in wireless services, 4.0 million in wireline voice, 2.5 million in broadband Internet and 0.7 million in TV. With 25,323 FTEs (38,919 FTEs including Getronics), KPN posted revenues of EUR 10.9bn and an EBITDA of EUR 3.8bn in the period January – September 2008. KPN was incorporated in 1989 and is listed on the Amsterdam Stock Exchange.
About Getronics
With a global turnover of 2.5 billion euro and a staff of around 20,000, Getronics is the biggest ICT service provider in the commercial business market in the Benelux and a leading player on a global scale. Because it is an expert in workspace management services, data center & hosting services and consulting services, Getronics helps the staff of large organizations to keep at the cutting edge by providing secure access to information anytime and anywhere. Getronics has a complete portfolio of integrated ICT services for the commercial business market and uses a Global Service Delivery Model which guarantees that customers all over the world are provided with service at a consistently high level. Since 23 October 2007, Getronics has been part of KPN, the leading supplier of telecommunications services in the Netherlands.
