EU commission clears Westcoast and ALSO merger

Together, the two distributors intend to become “the largest European technology provider”

Westcoast and ALSO have received merger clearance without restrictions from the European Commission and are set to complete the transaction by 28 February.

The freshly green lit alliance will aim to tackle the UK IT industry’s total addressable market (TAM) of €16bn (£13.25bn).

Berkshire-based Westcoast not only brings new vendors to ALSO, but €4.2bn in revenues and €73m in EBITDA generated during 2024 across the UK, Ireland, and France.

Westcoast’s management team will remain in place and will be working with ALSO to integrate operations, capitalise on new market opportunities, and leverage the Swiss distributor’s new platforms and technologies such as AI, IoT, virtualisation, and cybersecurity.

The two organisations will also increase their focus on France, where they expect to generate strong synergies, enhance operational efficiencies and accelerate growth in key sectors.

"This is an alliance of two highly successful businesses sharing the same mindset of growth,” said Joe Hemani, chairman of Westcoast.

“The continuity of the business which is paramount for vendors, customers and our team alike is secured with this move.

“I am excited to play an active role during what I know will be a smooth transition and beyond."

Gustavo Möller-Hergt, chairman of the board of directors of ALSO, added: " This partnership with Westcoast marks a significant milestone, allowing us to combine our strengths and create an even more powerful force in the industry.

“Together, we will become the largest European technology provider.

“This provides a solid foundation for sustainable, profitable growth, and both teams are looking forward to unlocking the many opportunities ahead."

The duo announced the merger pending regulatory approval in July 2024, with Westcoast’s former UK MD Alex Tatham referring to the union as “a wonderful opportunity to chase [TD SYNNEX] down.”

This announcement follows ALSO’s results in FY24, with the company breaking the €1bn cloud revenue barrier.

Beyond Europe, the Switzerland-based firm recently stepped for the first time into the US market to tackle the world’s largest economy.