Change in the shareholder structure of Softline AG

Leipzig, April 14, 2021 - Softline AG, parent company of the internationally active IT consulting company Softline Group, with a focus on IT and Software Asset Management, Cloud and Future Datacentre, Information and IT Security as well as Digital Workplace, announces a change in its main shareholder structure.

As early as December 10, 2020, the main shareholder S.K. Management- und Beteiligungsgesellschaft GmbH (S.K.MB) signed an agreement on the sale of its stake in Softline AG (63.38 percent) to the global IT company Softline International, headquartered in London. The transfer of shares (closing) was completed on April 07, 2021 and is thus legally effective with immediate effect.

„We would like to thank S.K.MB for the many years of trustful cooperation. At the same time, we are looking forward to opening up further international markets together with our new main shareholder Softline International - with which we have a global IT services company with around 4,500 employees in 50 countries at our side. In recent months, we have already begun to drive forward joint projects in which we have been able to profitably contribute our extensive expertise and experience, particularly in the area of Software Asset Management, but also in our other core portfolio areas. The close cooperation with Softline International will provide the Softline Group with access to new regions, markets and customers in the future and thus new opportunities for growth and development. For our main shareholder Softline International, the investment is also an important strategic step towards Europe and thus towards further globalization of the business in the core markets of the Softline Group", says Martin Schaletzky, CEO of Softline AG.

 

About Softline AG
The Softline Group (Softline AG) is a pan-European, sustainably growing IT consulting company with a focus on IT and Software Asset Management, Cloud and Future Datacenter, Information and IT Security as well as Digital Workplace. In doing so, it pursues one goal - to create compliance, control and cost savings for its clients' IT.

The group consists of the German parent company Softline AG, with offices in Leipzig, Wolfsburg and Munich, and its subsidiaries Softline Solutions Netherlands BV, Softline Solutions NV and Softline Solutions Ltd, with offices in the Netherlands (Nieuwegein), Belgium (Antwerp) and the United Kingdom (London). For more information, please visit www.softline-group.com.  

About Softline International
Softline is a leading global information technology solutions and services provider focused on emerging markets in Eastern Europe, the Americas and Asia. Softline helps customers with digital transformation and protects their businesses with cybersecurity technologies. Softline's services include end-to-end technology solutions, public and private clouds, software and hardware provisioning, and a wide range of associated services. Softline's 2019 revenue exceeded $1.54 billion, with group revenue growth of 13.2%. Softline has operations in 50 countries and 95 cities worldwide. With more than 25 years of experience, Softline has managed to grow rapidly while consolidating technological expertise and a business model that encompasses all emerging markets.

Softline works with more than 3,000 software and hardware vendors and has the highest partner status with all major partners. Softline offers a unique marketing and sales channel to our partners in all markets where we operate. Softline is always customer-focused and offers brand-independent solutions that best meet customer needs. For more information on Softline, please visit www.softline.com.