Swiss-based ALSO agrees to acquire Serbian IT firm PIN Compu

Swiss-based ALSO agrees to acquire Serbian IT firm PIN Computers


Swiss-based ALSO agrees to acquire Serbian IT firm PIN Computers
Author: Rachel Johnson.
BELGRADE (Serbia), April 29 (SeeNews) – Swiss-based ICT group ALSO signed an agreement to acquire Serbian sector player PIN Computers on April 28, it said.
The acquisition of PIN Computers, with operations in Serbia, Montenegro as well as Bosnia and Herzegovina, is part of ALSO’s growth strategy in Eastern Europe, the Swiss-based company said in a statement on Wednesday.
No financial details about the transaction were revealed.
"We are consistently pursuing our MORE strategy of sustainable profitable growth. PIN Computers with its large base of active customers is an ideal partner that will further strengthen our position in Eastern Europe," ALSO CEO Gustavo Moeller-Hergt said.

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