Feeds

Getronics buys PinkRoccade

Going Dutch

  • alert
  • submit to reddit

The essential guide to IT transformation

Getronics, the Dutch computer services firm. has bought PinkRoccade, also Dutch, for €355m. Post-acquisition, Getronics is the biggest computer services business in its home country and it also becomes a more significant player in the UK, where it doubles in size. The enlarged group claims pro forma annual revenues of €3bn and has 29,000 staff in 30-ish countries.

PinkRoccade is much the smaller of the two with 7,000 workers and revenues of €739m in 2003. It has 1,000 employees in the UK and customers here include Centrica, T-Mobile, Thomas Cook, Southern Water, Superdrug, Iceland, Booker and Woolworths.

The agreed takeover was announced in November last year, but Ordina, yet another Dutch computer services firm, threw a spanner in the works in December by announcing its intention to bid €370m for PinkRoccade. Ordina backed out the following month, blaming its target for refusing to co-operate with its request for information.

Getronics is to issue €250m in new shares to help fund the purchase. ®

Related stories

Getronics snaffles PinkRoccade
EDS back in the black
European workers say outsourcing is good ...
Serco splashes £235m on ITNet

Next gen security for virtualised datacentres

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?