Econocom - 2019 Universal registration document

02 group overview

principal investments

Principal investments 7. In addition to developing new products and software tools, and recruiting new sales staff and engineers, Econocom group carries out external growth transactions in order to acquire specific skills, accelerate its growth and increase its profitability. The Group’s main investments over the last three years are described below. 2017 7.1. The deals carried out in 2017 are as follows: Digital Services and Solutions •

particularly in the retail and logistics fields. Jade Solutions reported revenue of more than €13 ژ million in 2017. In October ژ 2017, the Group also acquired 80% of Energy Net, a B2B integrator and reseller of Apple solutions, with which it was already a partner. Thanks to the expected synergies with the Technology Management & Financing business, this acquisition will facilitate the launch of innovative solutions on the German market, combining hardware, applications and services, charged as a fee. Energy Net reported revenue of more than €55 ژ million in 2017; Lastly, Exaprobe, an Econocom group Satellite, acquired 51% of Aciernet, a French network and security solutions integrator with specific expertise in large data centres. As a Cisco Gold partner, the company has very complementary expertise to the Group’s. Aciernet reported revenue of over €183 ژ million in 2017, and is experiencing robust growth driven by the strong momentum of its main customers and its international rollout, particularly in North America; Changes in ownership interest • Econocom acquired all of the shares held by Georges Croix, a minority shareholder of Digital Dimension, bringing its stake to 100% from 1 ژ October 2017. In the first quarter, Econocom acquired a further 20% of Helis’ capital, bringing its stake in this Satellite to 65%. In the first quarter, Econocom acquired a further 35.58% of Econocom Brazil’s capital, bringing its stake to 92.85%.

In April ژ 2017, the Group acquired 100% of BIS, a multimedia solutions integrator operating under Dutch law and comprising four companies (three in the Netherlands and one in Belgium). This deal enabled Econocom to bolster its position in the buoyant multimedia segment (digital signage, videoconferencing rooms, smart buildings, etc.) and to roll out its entire offering by developing new cross-functional solutions in the Benelux countries. BIS employs over 220 ژ people and reported revenue of €55 ژ million in 2017. Through its Alter Way Satellite, Econocom acquired 100% of LP Digital Agency, a French specialist in digital strategy consulting for major companies, at the end of April ژ 2017. LP Digital Agency reported revenue of €1.8 ژ million in 2017. At end-July, in the United Kingdom, Econocom acquired 85% of Jade Solutions, a specialist in crowd WiFi and professional mobility solutions for major companies,

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2019 annual report