ALSO Holding AG is a listed distribution and logistics company based in

Emmen, Switzerland Emmen is a village and municipality in the district of Hochdorf in the canton of Lucerne in Switzerland. The municipality Emmen consists of the village Emmen, the town Emmenbrücke, and several hamlets. History Emmen is first mentioned in 840 ...

(

canton of Lucerne The canton of Lucerne (german: Kanton Luzern rm, Chantun Lucerna french: Canton de Lucerne it, Canton Lucerna) is a canton of Switzerland. It is located in the centre of Switzerland. The population of the canton (as of ) is . , the populatio ...

Background

ALSO is one of the leading technology providers for the ICT industry currently active in 28 countries in Europe and in a total of 143 countries worldwide via

PaaS Platform as a service (PaaS) or application platform as a service (aPaaS) or platform-based service is a category of cloud computing services that allows customers to provision, instantiate, run, and manage a modular bundle comprising a computing ...

partners. In 2021, net sales of the Swiss-based company, which employs around 4000 people, amounted to 12.4 billion euros. The ALSO ecosystem offers around 120 000 resellers hardware, software and IT services from more than 700 vendors in over 1450 product categories. In the spirit of the circular economy, the company provides all services from provision to refurbishment from a single source. ALSO has three business models: The Supply division comprises the transactional range of hardware and software. The Solutions division supports customers in the development of customized IT solutions. Subscription-based cloud offerings as well as platforms for

cybersecurity Computer security, cybersecurity (cyber security), or information technology security (IT security) is the protection of computer systems and networks from attack by malicious actors that may result in unauthorized information disclosure, th ...

virtualization In computing, virtualization or virtualisation (sometimes abbreviated v12n, a numeronym) is the act of creating a virtual (rather than actual) version of something at the same abstraction level, including virtual computer hardware platforms, st ...

and AI are the focus of the Service area. ALSO was founded in 1984 and has been listed on the Swiss stock exchange since 1986. In 1988, ALSO became majority-owned by

Schindler Holding AG Schindler Elevator Corporation is the American division of Schindler Group, and traces its origins back to 1869 with the establishment of the Haughton Elevator Company and 1928 with the founding of the Westinghouse Elevator Division. History Nat ...

. On February 9, 2011, Actebis of Germany and the ALSO Holding of Switzerland merged their activities, renaming the company ALSO-Actebis Holding with its headquarters in Switzerland. On March 14, 2013, the name was changed back to ALSO Holding AG. In 2016, their largest subsidiary - representing 44% of sales - ALSO Deutschland GmbH, is located in

Soest, Germany Soest (, as if it were 'Sohst'; Westphalian: ''Saust'') is a city in North Rhine-Westphalia, Germany. It is the capital of the Soest district. Geography Soest is located along the '' Hellweg'' road, approximately south-west of Lippstadt, ro ...

. Once the largest IT distributor in Germany, ALSO Deutschland is now second to

Ingram Micro Ingram Micro is an American distributor of information technology products and services. The company is based in Irvine, California, U.S. and has operations around the world. History Ingram Micro's origins trace back to the founding of distrib ...

after Ingram's 2013 purchase of

Brightpoint BrightPoint, Inc. was a provider of "wireless device lifecycle services", specializing in the distribution of wireless devices and in providing customized logistics services to the wireless industry. BrightPoint had a 2011 revenue of $5.24 billi ...

Inc. In October 2019, ALSO Holding completed the acquisition of IT Solutions distributor Solytron Bulgaria.Holding wraps up takeover of Solytron Bulgaria
06.04.2020] In November 2019, ALSO signed distribution agreements with the companies Delfin,

Girbau The Girbau Group is a company that manufactures equipment for laundries. With its headquarters in Vic (Barcelona-Spain), it has four production centres: two in Vic for the commercial division and vended (self-service) division, specialising in the ...

and Hovmand, extending its range of offerings for the HP Multi Jet Fusion industrial 3D printer that has been part of the portfolio since 2017.

Shareholding structure

The majority of shares are privately held: *51 % Special Distribution Holding GmbH, Düsseldorf (Germany) *49 % Freefloat

References

{{reflist Logistics companies of Switzerland Companies listed on the SIX Swiss Exchange Companies based in the canton of Lucerne