Change in main shareholder structure: Softline & Softline AG join forces to grow internationally

On December 10^th 2020 the current main shareholder, S.K. Management- und Beteiligungsgesellschaft mbH (S.K.MB), signed a contract to sell its stake of 63,38 percent of Softline AG’s shares to the global IT company Softline International with HQ in London. Both parties expect the transfer of the shares (closing) to be completed by 31 March 2021.

"Softline is an internationally active IT service company with approx. 4,500 employees, which not only understands our business, but is also successfully active in over 50 countries worldwide. The future access to the regions, markets, and customers of Softline provides us with completely new growth and development opportunities based on our expertise and experience, especially in our core portfolio areas SAM and ITAM, Cloud, IT-Security and Digital Workplace. We are valued for our extensive expertise and experience, particularly in the area of Software Asset Management but also in our other core portfolio elements, most definitely. We will continue with the execution of our three-year plan that started in 2020 now with even more potential for joint international growth and a high probability of overachieving our plans set for the future.", says Martin Schaletzky, CEO of Softline AG.

Softline is delighted to join forces with a leading IT and Software Asset Management company. “Softline AG’s consulting capabilities in Software Asset Management and managed services are essential for the management of cloud and increasingly complex software-licensing. Their approach helps IT leaders to improve and identify tools and strategies that effectively evaluate and manage IT”, says Igor Borovikov, Chairman of Softline. “We are very excited about the new approach with Softline AG, it provides access to substantial expertise and skills, that combined with our go to market sales coverage around the world, offers huge growth opportunities for the two companies.  It is an important strategic step into Europe and the globalisation of our business”, Borovikov adds.

Roy Harding, President at Softline International, adds: “We look forward to collaborating with the Softline AG leadership team to take full advantage of the growth we see in SAM and related Services worldwide. Our opportunity is to leverage Softline AG’s subject matter experts and pre-sales support to underpin Softline go to market strengths in our International business (in Eastern Europe, APAC, India and LATAM) in order to expand and grow our consulting and professional services capabilities.”

 

About Softline AG
The Softline Group (Softline AG) is a Europe-wide, sustainably growing IT consulting company focusing on Software & IT Asset Management (SAM/ITAM), Cloud and Future Data Center Information- and IT Security as well as Digital Workplace. Always pursuing one goal – to achieve compliance, control and cost savings for their customers' IT. 

The group consists of Softline AG, which acts as a holding company, and its subsidiaries Softline Solutions GmbH, Softline Services GmbH, Softline Solutions Netherlands BV, Softline Solutions NV and Softline Solutions Ltd., with locations in Germany (Leipzig, Wolfsburg and Munich), the Netherlands (Nieuwegein), Belgium (Antwerp) and the United Kingdom (London). You can find more information at https://www.softline-group.com/en/.    
 

About Softline
Softline is a leading global Information Technology solutions and services provider focused on emerging markets of Eastern Europe, Americas, and Asia. Softline helps customers achieve digital transformation and protect their businesses with cybersecurity technologies. Softline’s services include end-to-end technology solutions, public and private clouds, software and hardware provisioning and broad array of associated services. Softline’s 2019 turnover exceeded $1.54 Billion US dollars with sales growth 13.2% in the Group of Companies. Softline has offices in 50 countries and 95 cities worldwide. With more than 25 years of distinguished history Softline has managed to grow rapidly while consolidating technology expertise and a business model encompassing all emerging Markets.

Softline has partnership with more than 3.000 software and hardware manufacturers and has highest partner status with all our key partners. Softline provides a unique marketing and sales channel for our partners in all the markets where we operate. Softline is always customer centric and provides brand independent solutions which best serve customer’s needs. Find out more about Softline at: www.softline.com.