ALSO further extends 3D technology portfolio

3D printing is one of the ALSO Group's central growth areas. Technology provider ALSO offers its partners a comprehensive range of products and solutions relating to additive manufacturing. In order to further complete its portfolio the company has signed distribution agreements with the industrial vacuum cleaner manufacturer Delfin, the laundry specialist Girbau and the lifting trolley manufacturer Hovmand. They all provide products "Made for HP". ALSO is thereby extending its range of offerings for the HP Multi Jet Fusion industrial 3D printer that has been part of the portfolio since 2017.

IDC says current growth rates for 3D printing technologies are into double digits. The new technology is making increasing headway in production halls, which is why ALSO added HP's Multi Jet Fusion technology to its portfolio back in 2017. To ensure its performance, availability and quality, the technology provider has now signed contracts with several manufacturers for Europe-wide marketing of their products specially designed for the HP 3D printer. They include the Delfin industrial vacuum cleaner, a Girbau staining solution for printed components and a special lifting trolley manufactured by Hovmand.

«3D printing is a strategic growth segment for the ALSO Group», says Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN). «After signing a Europe-wide partnership with HP in May 2017 for the distribution of its Multi Jet Fusion portfolio we can now extend and complete with new partners Delfin, Girbau and Hovmand our offerings for the use of this successful 3D printer».

The new cooperation agreements enable technology provider ALSO to bundle its increasing expertise in additive manufacturing at the ALSO European Center of Competence for 3D Printing, where resellers and users are offered complete single-source solutions.

Direct link to media release: https://www2.also.com/press/20191128en.pdf

Contact person ALSO Holding AG:
Manuela Rost-Hein
Head of Communications ALSO Group
Phone: +49 151 14040215
E-Mail: manuela.rost-hein@also.com

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) brings providers and buyers of the ICT industry together. ALSO offer more than 550 vendors of hardware, software and IT-services access to over 100 000 buyers, who can call a broad spectrum of other customized services in the logistics, finance, and IT services sectors, as well as traditional distribution services. From the development of complex IT landscapes, the provision and maintenance of hardware and software, right through to the return, reconditioning and remarketing of IT hardware, ALSO offers all services as a one-stop shop. ALSO is represented in 23 European countries and generates total net sales of approximately 9.2 billion euros with around 4 000 employees in the fiscal year 2018. The majority shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at http://also.group

Droege Group
Droege Group (founded in 1988) is an independent advisory and investment company under full family ownership. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a family-equity business model. The group carries out direct investments with its own equity in corporate spin-offs and medium-sized companies in «special situations». With the guiding principle «execution - following the rules of art», the group is a pioneer in execution-oriented corporate development. Droege Group follows a focused investment strategy based on current megatrends (knowledge, connectivity, prevention, demography, specialization, future work, shopping 4.0). Enthusiasm for quality, innovation and speed determines the company's actions. In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries. More information: https://droege-group.com

Disclaimer
This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSO management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular the results, financial situation, and performance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.