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ALTIMATE - SMART IT DISTRIBUTOR

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The Group ALTIMATE pursues its European development strategy with the acquisition of the Dutch Company SNE.

13/01/2010

Dear all,

I am proud to announce that the ALTIMATE Group is continuing its drive for development through external growth and has acquired the Dutch company SNE, NetApp and CommVault distributor in the Netherlands.

After the successful integration of Numitor the NetApp distributor in Belgium and Luxembourg, ALTIMATE is expanding its activities in The Netherland in the storage market, one of our core activities.

SNE is a storage Distributor with remarkable track records with NetApp and a turnover in the region about 20 millions Euros for 2009. According to René Feijen SNE managing director: “SNE has built up a sustainable and trusted partnership with NetApp and a loyal customer base, synergies with Numitor ALTIMATE's NetApp division in Belux will consolidate and accelerate momentum."
 
Finally the acquisition of SNE is a strategic move for the ALTIMATE Group in many respects: it consolidates our NetApp partnership in the Benelux; strengthens our storage core business and provides us with a solid base to expand in The Netherlands.

With my best regards,

Patrice ARZILLIER
CEO of ALTIMATE Group