Puneet Varma (Editor)

ALSO Holding

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Headquarters
  
Switzerland

Founded
  
1984

ALSO Holding httpswwwiceclogcomwpcontentuploads201609

Stock price
  
ALSN (SWX) CHF 110.10 +0.20 (+0.18%)27 Feb, 4:01 PM GMT+1 - Disclaimer

ALSO Holding AG is a listed distribution and logistics company based in Emmen, Switzerland.

Contents

Background

ALSO Holding is Europe's third largest information technology, consumer electronics and telecommunications (ICT) distributor. In 2015, ALSO had a turnover of 7.8 billion euros. ALSO is active in 15 European countries: Belgium, Denmark, Germany, Estonia, Finland, France, Latvia, Lithuania, Netherlands, Norway, Austria, Poland, Sweden, Switzerland and Slovenia; and is the market leader in its core markets of Germany, Denmark, Estonia, Finland, Latvia, Lithuania and Switzerland.

ALSO was founded in 1984 and has been listed on the Swiss stock exchange since 1986. In 1988, ALSO became majority-owned by Schindler Holding AG. On February 9, 2011, Actebis of Germany and the ALSO Holding of Switzerland merged their activities and renaming the company ALSO-Actebis Holding with its headquarters in Switzerland. On March 14, 2013, the name was changed back to ALSO Holding AG.

Their largest subsidiary representing 44% of sales, ALSO Deutschland GmbH, is located in Soest, Germany.

Shareholding structure

The majority of shares are privately held:

  • 51.30% Droege Special Distribution Holding GmbH, Düsseldorf, a subsidiary of Droege holding company
  • 27.97% Schindler Pars International Ltd., a subsidiary of Schindler Holding AG
  • References

    ALSO Holding Wikipedia