Royal Imtech announces its intention to divest its ICT division and takes a further step in the previously announced debt reduction programme.
Imtech wants to reduce its debts by at least 400 million euro. The intended divesture of the ICT division is a part of this debt reduction programme. The ICT division will be divested through an auction process in order to optimise the transaction value.
Imtech ICT
In 2013, the revenue of the ICT division amounted to 740 million euro with an operational EBITDA of 37 million euro. The ICT division employs 2380 staff and has strong partnerships with technology leaders such as Cisco, IBM, Microsoft, Juniper and SAP. Its strategy is built on five key portfolio offerings: cloud solutions, managed services, business analysis, collaboration solutions and business solutions.
Imtech ICT provides services to approximately 7000 customers in the Netherlands, Germany, Austria, Sweden, Belgium, Switzerland, the UK and the Philippines.
Value Proposition
The divesture of the ICT division will not have an impact on the value proposition for customers. Automation expertise and know-how in the field of amongst others building automation, infrastructure automation, telecommunication, industrial automation and technical automation are an integral part of the offered value proposition of the other Imtech divisions.
