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Lavide Holding N.V.

Lavide Holding N.V.

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Publicatie datum 17 nov 2011 - 07:11
Statutaire naam Lavide Holding N.V.
Titel Qurius transfers Belgium and Spanish operations to Prodware
Bericht Rearranging portfolio to accommodate growth Zaltbommel 17 November 2011 - Qurius and its strategic ally Prodware agreed to transfer the Qurius operations in Belgium and Spain from Qurius to Prodware. This transfer aligns with the mutual strategy to create synergies between the two groups and thus laying a strong foundation for a global champion in business solutions and applications. Qurius Spain, will be reinforced as an uncontested leader in Spain and will be the hub to develop business in Latin America the same way Prodware France is positioned with its business in the francophone area. Qurius Belgium and Prodware Belgium will integrate into one company which takes a leading position in Belgium with presence in both Flanders and Walloon provinces. The operations in Belgium and Spain will profit from the Prodware expertise to generate immediate growth. Following this operation, Qurius will receive EUR 3 million in cash. Qurius will use this to support accelerated growth in the UK and Germany while maintaining its leadership position in The Netherlands, and to improve its net debt position.