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PRESS RELEASES.

Bechtle acquires financing subsidiary.

  • Bechtle Financial Services AG offers financing solutions
  • Full-service IT product and project financing

Neckarsulm/Berlin, 9 May 2016 – Bechtle AG now offers customers its own financing solutions through Bechtle Financial Services AG, a subsidiary that was acquired as CSS AG last year and has been fully integrated into the Group. This is the first time Bechtle has expanded its IT solutions portfolio to include product and project financing provided by the Group itself. Headquartered in Berlin, Bechtle Financial Services AG has been authorised as a financing and consulting firm by the German Federal Financial Supervisory Authority (BaFin).

 

The Bechtle Financial Services AG subsidiary will begin offering tailored financing solutions effective immediately, including leasing, rental, hire-purchase and instalment plans, as well as full-service project financing and delivery models. Bechtle Financial Services will also analyse, map and structure IT asset portfolios, and take over leasing portfolio management and asset management. In addition, the company will serve as an intermediary to facilitate contact with leasing companies and IT vendors’ financing subsidiaries.

 

“By integrating highly customisable financing models into our IT service portfolio, we’ve given our customers greater flexibility in their choice of IT solutions and offered them the security of a financially solid partner. This meets our customers’ demands for fewer points of contact in the decision-making process. It also represents a further key component of our full-service offering,” says Dr Thomas Olemotz, Chairman of the Executive Board of Bechtle AG.

 

Dr Henning Herzog, Chairman of the Board of Bechtle Financial Services AG, explains, “Bechtle is preparing for future customer and technology-related requirements by expanding our IT portfolio with tailored financing solutions. Not only are IT projects becoming more complex, so are the host of available financing options, as well as national and international accounting standards. As Bechtle’s newest portfolio component, we view ourselves as a central service provider and long-term growth driver.” Bechtle is debt-free and has earned top ratings for its excellent creditworthiness.

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