The story
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, renaming the company ALSO-Actebis Holding with its headquarters in Switzerland. On March 14, 2013, the name was changed back to ALSO Holding AG.
From 2014 through 2024, a series of transactions were made to expand geographic coverage and services. For example, in October 2019, ALSO Holding completed the acquisition of IT Solutions distributor Solytron Bulgaria.
In October 2021, ALSO acquired Ireo Soluciones y Servicios, a Spanish value-added distributor with a small-to-medium business (SMB) focus, with the objective of integrating it into its Cloud Marketplace.
In August 2024, SWS and Entec acquisitions were completed in Czech Republic & Slovakia.
In 2024, ALSO Group announced the acquisition of Westcoast, one of the largest UK based IT distributors. This consolidation significantly expanded ALSO's presence in Western Europe and reinforced its position as Europe's largest technology provider.
In February 2025, ALSO Group entered the U.S. market through its cloud business.
2025 was also a year of record results.
From Wikipedia’s article on ALSO Holding, shared under CC BY-SA 4.0.5