In the coming weeks, our executive management team and the Dimension Data Asia Pacific management team will be working together to ensure the successful integration and transition of the two companies. The transaction is expected to be completed by end September.
Chairman Heinrich Jessen remarked: "The decision to divest the Communications Regional Business Unit took a lot of deliberation and careful consideration. We are thoroughly convinced that it is a good decision for all stakeholders involved. Communications has been a strongly performing Jebsen & Jessen RBU for decades. In its new home at Dimension Data, it will have access to an even more extensive technology portfolio from a larger supplier base and will therefore be able to address an even wider customer segment with a significantly enhanced assortment of solutions. All our colleagues will be able to join this winning formula. As we bid farewell to the Communications group, Jebsen & Jessen (SEA) will, as part of our strategic thrust, accelerate the development of our value proposition by focusing our efforts and capital on increasing our role in the design, production and service of the products and solutions we offer. Occupying a greater space in the value chain of activities will become an increasingly important factor in our future profile.”