Proact IT Group AB (publ) today announces that it has entered into a binding agreement to divest its staffing operations in the Netherlands to Resultaatgroep B.V. The divestment forms part of the company's efforts to standardize its offering and improve operational efficiency.
In line with the company's previously communicated cost efficiency program and increased focus on its core offering, Proact is divesting this part of the business. By transferring the operations to a strategic partner, Proact can reallocate resources to further drive value within core business areas. Proact will continue to offer business consultancy and staffing services in the Netherlands through its partnership with Resultaatgroep.
"The divestment is a concrete step in our ongoing efforts to streamline operations, sharpen our focus on our core offering, and strengthen the Group's operational structure. This makes us more focused and better positioned for profitable growth," says Magnus Lönn, President and CEO, Proact IT Group.
The transaction is structured as an asset deal with immediate effect and is expected to have a limited financial impact on the Group.
For further information, please contact:
Magnus Lönn, CEO, Proact IT Group AB, +46 70 879 09 79, magnus.lonn@proact.eu
Åsa Regen Jansson, interim CFO, Proact IT Group AB, +46 72 216 33 74, asa.regen.jansson@proact.eu
About Proact
Proact is Europe's leading specialist in data and information management with focus on cloud services and data centre solutions. We help our customers to store, connect, protect, secure and drive value through their data whilst increasing agility, productivity and efficiency.
We've completed thousands of successful projects around the world, have more than 4,000 customers and currently manage hundreds of petabytes of information in the cloud. We employ over 1,100 people in 12 countries across Europe and North America.
Founded in 1994, our parent company, Proact IT Group AB (publ), was listed on Nasdaq Stockholm in 1999 (under the symbol PACT). For further information about Proact's activities please visit us at www.proact.eu
