ALSO Holding

ALSO Holding AG
TypePublic company
ISINCH0024590272 Edit this on Wikidata
IndustryIT Distribution, Information and communications technology
Founded1984
HeadquartersEmmen, Lucerne, Switzerland
Key people
Gustavo Möller-Hergt (President of the Board of Directors), Wolfgang Krainz (Chief Executive Officer)
ProductsHardware, Software, IT services, Cloud platforms
Revenue€15.24 billion (2025).[1]
€109.6 million (2025).[2]
Number of employees
5,156 (2025).[1]
ParentDroege Group AG
Websitewww.also.com

ALSO Holding AG or ALSO Group is a technology provider based in Emmen, Switzerland (canton of Lucerne). ALSO is listed on the SIX Swiss Exchange under ticker ALSN.SW.[3] The majority shareholder is the Droege Group.

ALSO is one of the leading technology providers for the ICT industry, currently active in 31 countries in Europe, with additional global reach through PaaS partners. In 2025, net sales of the Swiss-based company, which employs more than 5000 people, amounted to 15.2 billion euros.[4]

The ALSO ecosystem offers around 140,000 resellers with over 800 vendors across approximately 1,680 products categories, offering hardware, software, IT services, and subscription based cloud solutions. ALSO has three business segments: the Supply division comprises the transactional range of hardware and software; the Solutions division supports customers in the development of customized IT solutions; subscription-based cloud offerings as well as platforms for cybersecurity, virtualization and AI are the focus of the Service area, via the ALSO Cloud Marketplace.[5]

History

ALSO was founded in 1984 and has been listed on the Swiss stock exchange since 1986. In 1988, ALSO became majority-owned by Schindler Holding AG. On February 9, 2011, Actebis of Germany and the ALSO Holding of Switzerland merged their activities, renaming the company ALSO-Actebis Holding with its headquarters in Switzerland.[6] On March 14, 2013, the name was changed back to ALSO Holding AG.[3]

From 2014 through 2024, a series of transactions were made to expand geographic coverage and services. For example, in October 2019, ALSO Holding completed the acquisition of IT Solutions distributor Solytron Bulgaria.[3]

In October 2021, ALSO acquired Ireo Soluciones y Servicios, a Spanish value-added distributor with a small-to-medium business (SMB) focus, with the objective of integrating it into its Cloud Marketplace.[7]

In August 2024, SWS and Entec acquisitions were completed in Czech Republic & Slovakia.[8]

In 2024, ALSO Group announced the acquisition of Westcoast, one of the largest UK based IT distributors. This consolidation significantly expanded ALSO's presence in Western Europe and reinforced its position as Europe's largest technology provider.[9]

In February 2025, ALSO Group entered the U.S. market through its cloud business.[10]

2025 was also a year of record results.[2]

Leadership

ALSO Group is led by a four-member Group Management Board.[11] Wolfgang Krainz serves as the company's CEO, a position he assumed in May 2024, succeeding longtime CEO Gustavo Möller Hergt.[12] Krainz has been with ALSO since 2016 and previously held senior commercial and regional leadership roles.

For broader governance oversight, the company is supervised by its Board of Directors, whose composition is published on the official corporate site.[3]

References

  1. 1 2 "ALSO top line jumps nearly 40 per cent in FY25". ChannelWeb. Retrieved 2026-03-23.
  2. 1 2 "Annual Report 2025" (PDF). ALSO Holding AG. Retrieved 2026-03-23.
  3. 1 2 3 4 "ALSO Holding AG share details". SIX Swiss Exchange. Retrieved 2026-03-24.
  4. ↑ "ALSO posts record 2025 results and lifts dividend as cloud and scale drive growth". The Globe and Mail. Retrieved 2026-03-24.
  5. ↑ "ALSO Cloud Marketplace". ALSO Holding AG. Retrieved 2026-03-24.
  6. ↑ "ALSO Holding AG and Actebis GmbH to merge". Bär & Karrer. Retrieved 2026-03-25.
  7. ↑ "Press release: ALSO further strengthens expertise". ALSO. October 27, 2021. Retrieved October 29, 2025.{{cite web}}: CS1 maint: url-status (link)
  8. ↑ "Acquisitions of SWS and Entec completed". MarketScreener. Retrieved 2026-03-27.
  9. ↑ "Westcoast acquisition secures top 5 spot for ALSO Group". Channel Futures. Retrieved 2026-03-27.
  10. ↑ "ALSO-Westcoast union gets green light". IT Channel Oxygen. Retrieved 2026-03-27.
  11. ↑ "ALSO headed by a new sales-focused CEO". IT Europa. Retrieved 2026-03-27.
  12. ↑ "ALSO schliesst Nachfolgeplanung ab: Wolfgang Krainz als neuer CEO berufen". Finanzen.at (in German). Retrieved 2026-03-27.