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ALSO Expands into Africa with BeIP Acquisition

ALSO Expands into Africa with BeIP Acquisition

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ALSO Holding AG has acquired French network and security distributor BeIP that offers a wide portfolio of IT technologies and related support services across France and Africa.also

BeIP offers a wide portfolio of IT technologies and related support services across France and Africa, mainly in the areas of network and security infrastructure. The company focuses on the so-called vertical markets such as those for telecommunications operators.

The two company’s current focus is the French market, especially in the areas of network and security infrastructure. Figures on individual countries or any financial terms were not disclosed. Commenting on the impact of the acquisition on African market, ALSO Holding told Channel Post that, “Accessing new vertical markets presents tremendous potential in all markets especially in the areas of network and security infrastructure. BeIP will help us to tap these markets in France and elsewhere.”

“With its state-of-the-art B2B marketplace, ALSO is a leading European company. We are delighted to be part of the ALSO Group, and to meet the growing needs of our customers,” said Erwan Le Guen, CEO of BeIP, who will remain minority shareholder and continue to work for the company within the ALSO Group.

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