The new strategic partnership in France, created with the assistance of KPMG Corporate Finance, enables Getronics and APX Synstar to leverage each other’s capabilities to deliver best-of-breed end-to-end solutions (including applications and managed services) to their clients in France. The deal creates a strong, focused national player with in-depth knowledge of the French market, a prestigious client base and a wealth of expertise in designing, building, deploying and managing ICT services and solutions. At the same time, Getronics is also able to further strengthen its services and capabilities in Belgium.
Noël Saille, APX Synstar Chairman and CEO, and Jean-Claude Vandenbosch, the nominated non-executive board member for Getronics stated: ‘With its more than 1,200 employees and our complementary installed base of clients, the newly formed group has the critical mass and expertise to become a leader in France in end-to-end secured Infrastructure Solutions and Services. We have a compelling proposition and an extended portfolio of Applications, Infrastructure Integration and Managed Services. Everything we do is focused on keeping our clients’ business running and on improving our clients’ workforce productivity.’
By means of this strategic partnership and through its highly effective Global Service Delivery capabilities, Getronics will continue to provide the same high levels of service to its international clients. This strong partnership is a further step in Getronics’ strategic plan to focus on strengthening its core businesses and providing its services to its international clients around the world.
The financial details of the deal are in line with the disclosures in the press release of 27 September 2006.