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Getronics NV: Growth and Acquisitions

Getronics NV is a Netherlands-based provider of Information and Communication Technology (ICT) services that was taken public in 1985 after a leveraged management buyout. Through aggressive expansion using internal growth, acquisitions, and investments between 1985 and 1999, Getronics doubled its sales and earnings every three years on average. A major acquisition in 1999 of US-based Wang Global more than doubled Getronics' revenues and almost tripled its employee base, transforming it into one of the world's largest ICT service providers.

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Walm Kety
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61 views1 page

Getronics NV: Growth and Acquisitions

Getronics NV is a Netherlands-based provider of Information and Communication Technology (ICT) services that was taken public in 1985 after a leveraged management buyout. Through aggressive expansion using internal growth, acquisitions, and investments between 1985 and 1999, Getronics doubled its sales and earnings every three years on average. A major acquisition in 1999 of US-based Wang Global more than doubled Getronics' revenues and almost tripled its employee base, transforming it into one of the world's largest ICT service providers.

Uploaded by

Walm Kety
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Getronics’ debt ratings Getronics NV is a Netherlands-based provider of Information and

Communication Technology (ICT) services. The company originates from a leveraged management
buyout of Geveke Electronics NV and was taken public by its privately held owner SHV Holdings NV in
1985. Following its initial public offering, the company adopted a strategy of aggressive expansion
through internal growth, acquisitions, and strategic investments. Between 1985 and 1999, Getronics
managed to double its sales and earnings every three years, on average. In 1999, the company turned
from a moderate player in the European ICT industry into one of the world’s largest ICT service providers
through its acquisition of US-based Wang Global. This acquisition more than doubled Getronics’
revenues (from E1.5 billion to E3.7 billion) and almost tripled the company’s employee base.

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