Getronics

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Getronics
Founded September 1, 1887
Electrical Factory N.V.
part of Groeneveld, Van der Pol & Co (GVPC)[1]
Headquarters Viñoly, Claude Debussy Laan 48B, 1082 MD Amsterdam
Key people
Mark Cook[disambiguation needed][2]
Products Workspace, Applications, Unified Communications, Data Centre, Cloud, Professional Services, Managed Services, Security
600 million euros[3] (2015)
Owner Aurelius Group (Getronics Europe and APAC)[4]
OpenGate Capital (Getronics LATAM)[5]
Number of employees
6,501[6] (2012)
Website www.getronics.com

Getronics is an ICT service company, founded in 1887, Amsterdam, Netherlands. The business has gone through numerous mergers and divisions. In 2007, Getronics was bought by telecommunications group KPN.

In 2012, KPN sold a majority stake of Getronics Europe and APAC to the AURELIUS Group, a German publicly listed industrial holding company. KPN sold Getronics LATAM businesses to OpenGate Capital, a global private equity firm.[7]

AURELIUS had also acquired Thales in Spain and Argentina earlier in 2012,[8] which has been rebranded to Connectis and is now a key member of the Getronics family. In late 2013 the Getronics family acquired NEC Enterprise Solutions[9] in the UK and Spain to further grow its UC services business.

AURELIUS has continued to add other ICT companies to their portfolio: Steria Iberica in Spain (2013),[10] Telvent in Spain and South America (2014) (both IT consulting companies); and Individual Desktop Solutions (IDS)[11] from T-Systems in Germany. IDS was then sold again in 2016.[12]

In July 2015, Getronics announced its partnership with U.S.-based partner CompuCom, to lead the Global Workspace Alliance[13] (former Getronics Workspace Alliance).

In April 2016, the Getronics family announced the completion of the acquisition of Colt’s managed cloud business[14] in 11 countries, as well as the launch of its Managed Cloud Services portfolio.

Global Workspace Alliance[edit]

Led jointly by Getronics and CompuCom, the Global Workspace Alliance (GWA) combines the capabilities of local service providers to supply IT support to multinational companies around the world, delivering field and remote services. Alliance members share common processes, methods and tools to ensure seamless delivery across regions. Members include Getronics along with CompuCom, SPIE, Tecnocom, AGCN, Centric, InfoCare, S&T, Eire Systems, NSC and Topnew Info[15][16][17] Global Workspace Alliance 2.0 was launched in April 2016.[18]

History[edit]

Founding[edit]

In 1887, Amsterdam, the company was created as Electrotechnical Factory N.V. by Groeneveld, van der Pol & Co. (GVPC) The enterprise was involved with electrical installations, such as monitoring and control of public facilities and shipping.[19]

Name changes[edit]

After the World War II GVPC set up a technical sales office Groenpol as a separate entity.

In 1950, the holding company GVPC changed its name to Groenpol NV.

In 1965 the distribution division became Groenpol Industrial Sales.

In 1968, Groenpol NV merged with another listed company, Geveke SA. The new name was Geveke & Groenpol NV. In 1970, SHV brought the holding company.

In 1972, Groenpol Industrial Sales made a partial takeover of the technical trading Merchant & Co, the company started sales and service of computer peripherals. Meanwhile, the company also had offices in Belgium, France and Germany. In the same year the name was changed to Geveke Electronics.

In 1985 under the name 'Geveke Electronics' the company was introduced on the Amsterdam stock exchange.

In 1988, its name changed to Getronics NV. Getronics was traded by the AMX index abbreviation 23dGET. The main focus of the company became computer networking and maintenance.

Acquisition Trail[edit]

In 1999 Getronics acquired Wang Global (who had recently acquired Olivetti) for 3.7 billion guilders. Wang Global, based in the United States, was active in 42 countries, which made Getronics a truly global player and this was strategically advantageous for working with Getronics' international customers.[20]

On March 14, 2005, Getronics completed the acquisition of PinkRoccade. Getronics paid a total of €355 million in cash.[21] With the acquisition, it became the largest IT service company in the Netherlands under the name Getronics PinkRoccade.

The name was shortened from Getronics PinkRoccade, on October 13, 2008, to the internationally well-known Getronics. On June 29, 2005, a stock exchange reverse stock split of 7 to 1 took place.

In early 2007, Getronics had approximately 24,000 employees in more than 25 countries. Around the beginning of July 2007 several companies look at taking over Getronics: KPN, Capgemini[22] and an unnamed American private equity firm.[23] On July 30, KPN made a bid of 766 million euros. The acquisition of Getronics was confirmed on October 15, 2007 by KPN.[24] Getronics was no longer listed on Euronext after December 12, 2007.[25]

In October 2007, KPN acquired Getronics.[26]

In June 2008, Getronics announced that its US operations (formerly Wang) to CompuCom for cash and a minority stake in CompuCom. These activities include operations in Canada the United States and in Mexico.[27]

The Dutch activities of Getronics first went under the name KPN Corporate Market,[28] and from January 1, 2013 under the name 'KPN IT Solutions'.[29] For international business the name Getronics has remained in place.

In 2012, KPN sold a majority stake of Getronics Europe and APAC to the AURELIUS Group, a German publicly listed industrial holding company. KPN sold Getronics LATAM businesses to OpenGate Capital, a global private equity firm.[7]

Board Chairmen – CEOs[edit]

  • 1983 – 1999 – Ton Risseeuw
  • 1999 – 2001 – Cees van Luijk RA (from PricewaterhouseCoopers)
  • 2001 – 2003 – Peter van Voorst (since 1986, Peter van Voorst part of Getronics' board of directors)
  • 2003 – 2007 – Klaas Wagenaar (include CFO software company Baan)
  • 2007 – 2011 – Erik van der Meijden (from HP, appointed by KPN)
  • 2011 – September 30, 2013 – Steven Schilfgaarde (former CFO Getronics Erik van der Meijden coming from KPN)[30]
  • 2012-2013 - Andreas Ziegenhein
  • From October 25, 2013 – Mark Cook[31]

References[edit]

  1. ^ More historical information (in Dutch)
  2. ^ Meet the team Getronics.com, traveled 3- 1–2013
  3. ^ Company Brochure visited January 3, 2017
  4. ^ [1]
  5. ^ "Getronics LATAM – OpenGate Capital". 
  6. ^ http://www.getronics.com
  7. ^ a b "Getronics History". 
  8. ^ "Aurelius acqires information systems activity of Thales Espana". 
  9. ^ "Getronics backers buy NEC enterprise solutions UK". 
  10. ^ "Aurelius acquires spanish IT consulting company steria iberica". 
  11. ^ "Aurelius acquires T Systems Subsidiary IDS". 
  12. ^ "Aurelius sells Getronics IDS to investor". 
  13. ^ "CompuCom and Getronics announce the Global Workspace Alliance 2.0". 
  14. ^ "Getronics buys Colt's Managed Cloud Business". 
  15. ^ "Getronics – Global Workspace Alliance". 
  16. ^ "Getronics Drives off with Five Year Deal to Provide the RAC with Automation and Cloud-Based IT Services – Business Wire". 
  17. ^ "The Global Workspace Alliance (GWA) selects Topnew Info as Strategic Partner for China & Hong Kong – Business Wire". 
  18. ^ "CompuCom® and Getronics Announce the Global Workspace Alliance 2.0 – Business Wire". 
  19. ^ "History of Getronics NV – FundingUniverse". 
  20. ^ "Getronics koopt kwijnend Wang voor 37 miljard". 
  21. ^ "Getronics buys PinkRoccade". 
  22. ^ "Capgemini wants to buy Getronics units". 
  23. ^ "KPN bids to buy Getronics". 
  24. ^ Computable October 15, 2007: "Acquisition of Getronics by KPN is final".
  25. ^ "getronics – Google Finance Search". 
  26. ^ "KPN completes Getronics acquisition". October 23, 2007 – via Reuters. 
  27. ^ "CompuCom Systems Completes Acquisition Getronics North American". 
  28. ^ "KPN sells Getronics International". 
  29. ^ "KPN Corporate Market Krijgt nieuwe naam". 
  30. ^ exit of Schilfgaarde DFT September 3, 2013
  31. ^ "Getronics appoints Mark Cook as Group CEO".