Infotheek Group acquires IT supplier Central Point
Infotheek Group is acquiring online IT service provider Centralpoint.nl. With this acquisition, Infotheek, based in the Dutch city of Leiden, will become market leader in the Benelux with annual revenues of over 700 million Euros and roughly 900 employees in 14 countries. The Netherlands Authority for Consumers & Markets (ACM) still has to approve the acquisition.
The acquisition will enable Infotheek Group to compete with the top IT players in Europe. It is also in line with the consolidation trend that has been evident in the European IT market for some years now. The acquisition of Centralpoint.nl will provide Infotheek with cutting-edge in-house experience and expertise in the area of online sales. This will benefit the corporate client portfolio of the recently acquired firm of Scholten Awater and also anchor this knowledge in the Netherlands. The development capabilities of Centralpoint.nl will also strengthen Infotheek Group’s ability to continue innovating and to provide its large corporate clients with more effective support in areas such as personalised portals and automated purchasing processes.
A team of BarentsKrans has acted as legal counsel to buyer Infotheek Group. Lawers and civil-law notaries involved:
Read more about this acquisition on the website of Infotheek.