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KPN completes sales of Getronics International

Wednesday 2 May 2012 | 09:28 CET | News
KPN has completed its acquisition of Getronics International. The deal, which took place in two separate transactions, was announced on 24 January. Financial details were not disclosed. Getronics Europe and Asia-Pacific (APAC) were sold to Aurelius, a German publicly listed industrial holding company. The two divisions reported 2011 revenues at around EUR 450 million with about 2,900 FTEs. KPN kept a minority stake in both. The activities of Getronics in Latin America were sold to investment fund Open Gate Capital. These operations generated 2011 revenues at EUR 115 million with around 2,000

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Categories: General
Companies: Getronics / KPN
Countries: World
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