ASBIS Takes Over Avectis ALC

August 14, 2019

 Atlantech, a subsidiary of Cyprus-based broadliner ASBIS which also produces its own brands Prestigio, Canyon, Perenio and Atlantech, has acquired for nearly €510000, the Belarusian company Avectis ALC. Avectis ALC is a developer and  systems integrator in the Belarusian market in the field of control automation, security and other essential services for technological and infrastructure facilities.

 

The acquisition of Avectis ALC is another step towards the implementation of the ASBIS Group strategy to achieve a strong presence in the most promising IT segment - the corporate IT solutions and services. Avectis ALC has a leading, stable position in the Belarusian market for the last 25 years. Some of the technology partners of the company are the largest global IT companies. The company's regular clients are enterprises operating in the following sectors: petrochemical, gas, energy, construction, mechanical engineering, banking, educational and medical institutions, as well as government agencies and organisations and large private enterprises.

 

Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBIS and founder of ASBIS, commented: “following our promises to strengthen ASBIS’s business, we are implementing this acquisition, in line with our strategy towards expanding and strengthening our competencies in very promising business segments. Avectis brings to our structure very advanced engineering competencies, huge experience and portfolio of interesting clients. I am convinced that ASBIS services will significantly expand thanks to the expertise of the newly acquired company.

 

Vladimir Karatay, CCO Solution Business in ASBIS, commented: “Avectis ALC is one of the leading companies in its segment in the Belarusian market. It has extensive experience in the integration and automatisation of management systems and an interesting portfolio of clients. As a person responsible at ASBIS for the development of this business segment, I have a strong belief  that both the current resources of specialists and the experience of this acquired company will be a huge support for our Group. Atlantech will gain a lot of expertise and will be able to fulfil its strategy faster.

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