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CK ZETO partners with Asseco Poland Asseco

Asseco Poland S.A. acquired 42,940 shares representing a 99.84% voting interest and a 99.87% equity interest in CK ZETO S.A.

Asseco Poland S.A. acquired 42,940 shares representing a 99.84% voting interest and a 99.87% equity interest in CK ZETO S.A.

The term sheet for the acquisition of Łódź-based IT company was signed already in December 2011, but the transaction was subject to approval by the Polish Antimonopoly Office (UOKiK). The total price for the purchased stake of shares amounted to PLN 42.5 million. Last year the acquired company earned a net profit of PLN 5.6 million.

 

Centrum Komputerowe ZETO S.A. has fifty years of experience in the IT industry. The company specializes in outsourcing of information technology services, focusing especially on the areas of data security, trainings, computer hardware, management and archiving of documents, web hosting, bulk printing, and electronic signatures. CK ZETO employs 160 specialists. The company's key accounts include major banks and financial institutions, insurance companies, as well as leading corporations, such as BRE Bank, Nordea Bank Poland, PKO Bank Polski, Raiffeisen-Leasing Poland, PKP Intercity, National Fund for Environmental Protection and Water Management, Social Insurance Institution (ZUS), Marshal's Office in Łódź, Rossmann Drugstores, Research and Academic Computer Network (NASK).

 

 

Owing to this transaction Asseco Poland has an opportunity to become a major partner to the region of Łódź in building professional information technology solutions, commented Adam Góral, President of the Management Board of Asseco Poland.

 

Entering the organization of Asseco Poland provides a whole new development perspective for Centrum Komputerowe ZETO. I mean a very dynamic growth resulting from our enhanced position in the local market, and enabled by the access to new competencies, products and markets. Joining the Asseco Group will enhance CK ZETO's image in the eyes of our customers and both existing and potential employees. It will also help improve our competitiveness among other providers of IT services and products. Besides, being part of Poland's largest IT group ensures greater endurance to any adverse circumstances, such as market stagnation or recession. We are delighted that the business mix we have created for years has now become a piece of a larger and more prestigious organization, said Robert Kobylański, CEO of CK ZETO.


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