POST Luxembourg pursues its diversification strategy by acquiring a majority stake in InTech S.A.

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The Board of Directors of POST Luxembourg has paved the way to acquire a majority stake in the Luxembourg company InTech S.A., a move which will be finalised over the coming months.

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This shareholding is fully in line with our strategy which was adopted in 2013 and aims at positioning POST Luxembourg as a leading actor in the ICT sector. The strategic goal is to develop our role as a system and solutions integrator in order to provide end-to-end services to business customers, in particular SMEs and major business accounts

Claude Strasser, CEO of POST Luxembourg

Founded in 1995 and employing 83 staff members, InTech is specialised in the design and implementation of ICT business solutions for major client accounts, particularly in the financial services, manufacturing and institutional sectors.

Through this shareholding, POST Luxembourg underlines its desire to diversify its services on the local and international markets and to offer ICT solutions, which are perfectly adapted to the business needs of the various sectors of activity.

Claude Strasser, CEO of POST Luxembourg: "This shareholding is fully in line with our strategy which was adopted in 2013 and aims at positioning POST Luxembourg as a leading actor in the ICT sector. The strategic goal is to develop our role as a system and solutions integrator in order to provide end-to-end services to business customers, in particular SMEs and major business accounts."

François Bocci, InTech's Chief Executive: "We are extremely proud that POST Luxembourg is acquiring a majority stake in InTech. The group POST is a prominent and trustworthy institutional stakeholder, which can provide all the guarantees and qualities required to help nurture and develop InTech's activities by integrating them into a broader portfolio. This will deliver added value to our customers and partners."

The current InTech shareholders will remain as Board members to help promote the company's activities and pass on their know-how.

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