As part of the programme to dispose of non-core assets, which is an integral part of the recently presented Entrepreneurial Solution, Getronics today announced that it has sold its entire 10.3% interest in the Norwegian ICT Company Merkantildata to a group of Norwegian and international investors. Total cash proceeds will be approximately EUR 11 million.
Since 2000 Getronics and Merkantildata have worked closely together in Scandinavia. Getronics considers Merkantildata a preferred business partner, and shares some international clients in the Getronics international network. This business partnership between Getronics and Merkantildata will remain unchanged.
ABN AMRO Alfred Berg has acted as financial advisor to Getronics in respect of the divestment of the interest in Merkantildata.