ICL: ICL extends European coverage with acquisition of services company in Germany

Story Filed: Tuesday, March 23, 1999 3:39 PM EST

MAR 23, 1999, M2 Communications - ICL, the IT services company has acquired SARCOM, the German IT services company to extend the company's geographic presence in Germany. The move strengthens ICL's position as a leader in desktop outsourcing and support systems in Europe following recent expansion in Italy.

Headquartered in Saarland, south-west Germany, SARCOM provides field service and on-site system support to some of Germany's leading companies, including Mercedes (part of the DaimlerChrysler group) and Compaq. Sales for the year ending 1998, were 12.6 million DM (GBP 4.2 million). The company employs over 100 staff with Microsoft accredited skills.

The acquisition of SARCOM follows recent expansion of ICL's operational services business in Italy from its base in Milan. During 1998 revenues for the business grew by over 50% which coincided with the recruitment of over 50 new staff.

David Palk, managing director of ICL's Operational Services division, said: "We are experiencing strong organic growth in our desktop outsourcing and systems support markets. This acquisition Will enable us to replicate better the success we have had in the UK and enhance our ability and geographic reach to provide multinational customers with superior levels of service. Added to our existing operations in Germany, this will give us with the necessary critical mass, providing employees, new skills, over 700 contracts and opportunities to leverage our other service offerings."

Notes to Editors

ICL is a leading supplier of IT systems and services. Operating in over 70 countries and employing over 20,000 people, the Group's revenues for 1997 were GBP 2,477.1 million generating a pre-tax profit of GBP 30.0 million. The company implements IT systems for major projects and provides innovative services to a range of industries covering amongst others, retail, finance, travel, telecoms and utilities together with education, local and central government sectors. ICL's services include outsourcing, helpdesks, network services, inter/intranets, electronic commerce, interactive kiosks, smart card systems, digital cities and web sites. ICL plans to relist on the stock market in 2000.

ICL's website:

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CONTACT: Carolyn Fleeman, ICL Tel: +44 (0)181 818 0286 e-mail: [email protected] Kieran Moore/Subha Chalapathy, Firefly Communications Tel: +44 (0)171 381 4505 e-mail: [email protected] Daniel Bausor, ICL, Press Office Tel: +44 (0)1753 604746 e-mail: [email protected]

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