ICT Group (ICT) announces that today it has completed the purchase of 100% of the shares of Nozhup, a Dutch based industrial automation services provider. The purchase consideration comprised a cash payment and an amount in ICT shares. The share capital will be diluted with 443,058 shares.
With this acquisition ICT gains significant scale in its activities in the industrial automation market. At the same time it considerably widens ICT’s customer base in this market. Nozhup will immediately contribute to the profitability of ICT. On a full year basis the acquisition will substantially enhance the earnings per share.
ICT Group N.V. is a leading industrial technology solutions and services provider. Our specific industry knowledge of various markets, enables us to realize innovative solutions. Over 750 passionate technical specialists are working for the ICT Group. The following subsidiaries are member of the ICT Group: ICT Netherlands (ICT Automatisering Nederland B.V.), Strypes Bulgaria (ICT Nearshoring B.V.), Raster, Improve Quality Services, InTraffic (50%), BMA (Buro Medische Automatisering) (51%) and ICT Mobile B.V. (51%). For more information:
www.ict.eu
For further information about ICT:
Carla Stuifzand, marketing director, +31 (0)88 908 2000, E-mail:
info@ict.nl