S&T COMPANIES INDUSTRIES CASE STUDIES INVESTORS NEWS BLOG ABOUT S&T CONTACT DE S&T and Bechtle agree on cooperation June 2, 2021 Home / News / S&T and Bechtle agree on cooperation Linz, June 2, 2021: The technology group S&T AG (www.snt.at) today signed an agreement with Bechtle AG, one of Europe’s leading IT companies, to cooperate in the field of multi-vendor services. As part of the cooperation, S&T Group will acquire from Bechtle via its German subsidiary, CITYCOMP Services GmbH, 100% of PSB IT-Service GmbH, based in Ober-Mörlen, Hesse. As a result, around 70 experienced IT service technicians will be moving to S&T Group, strengthening CITYCOMP’s team of around 330 employees. In course of the cooperation, S&T Group will become the strategic partner for multi-vendor services of Bechtle Managed Services AG. The transaction is to be implemented on July 1, 2021. In the medium term, it is also planned to expand the cooperation to include customer projects in Eastern Europe, where the S&T Group has a strong service network with its own technicians Oliver Schmidt, Head of Division Managed Services, Bechtle AG: “The cooperation with S&T in the area of Field Services gives us an excellent option to access an internationally represented network of specialists. This meets the expectations of many customers, complements our managed service offerings and at the same time offers PSB IT-Service employees the chance to be part of a much larger, successful field services community.” Hannes Niederhauser, CEO of S&T AG: “With the contracts concluded today, we are setting another milestone in the expansion of our IT services business in Germany. Through PSB IT-Services GmbH, we are strengthening our team in Germany and, as one of the leading multi-vendor services providers, we can offer the Bechtle system houses and their customers a comprehensive portfolio with excellent service quality. As part of our cooperation, we plan to grow significantly together in this area over the next few years.” Similar news November 4, 2021 S&T AG: Microchip crisis slows growth despite strong order intake Revenue growth in Q1-Q3 of 9.2% to EUR 913.8 million (PY: EUR 836.4 million) EBITDA increases slightly in Q1-Q3 to ... Explore October 12, 2021 S&T AG: Capital Market Day 2021 The technology group S&T held its virtual Capital Market Day 2021 yesterday. The event in Vienna was followed live online ... Explore September 7, 2021 Significant progress in the ESG sector, implementation of the TTS program and share buybacks S&T AG is successively advancing its TTS (Trust Transparency Share) program announced in April 2021. Explore Factsheet Contact us E-news Sign up Sustainability Report Media Kit Imprint Privacy Follow us © S&T AG 2021