New Year, new brand

In the past years ICT Group has seen a strong growth. In line with our buy and build strategy this growth was achieved partly organically and partly as a result of acquisitions in the Netherlands and abroad. We therefore have a number of very strong, well known, brands in the market, which work together intensively to deploy their specific expertise, experience and domain knowledge for our clients.

Because we believe it is important to show more coherence between the various labels, we have opted for a new branding. As of January, ICT Group and all its subsidiaries will therefore have the same logo and the same look & feel. In the new branding, the label names will remain central, but at the same time it is clear that a brand is part of the ICT Group.

With the new branding we will show even more clearly the coherence that was already there internally. We would like to invite you to become more widely acquainted with ICT Group on our new website www.ictgroup.eu.

ICT Group completes acquisition Yellowstar

ICT Group N.V. (‘ICT’) has completed the acquisition of 100% of the shares of Yellow Star Solutions Holding B.V. (‘Yellowstar’), which was announced on 23 December 2020.

Yellowstar provides web-based solutions offering real-time insight, access and control in supply chains. The company employs approximately 80 people and reports annual turnover of approximately € 8 million. Yellowstar is active in the same geographical markets as ICT.

The acquisition of Yellowstar is in line with the growth strategy of ICT. Yellowstar strengthens ICT’s position in the industrial, trade, retail and logistics markets. Furthermore, Yellowstar’s high-end and own IP supply chain software solutions will enhance ICT’s software offering and consequently increase ICT’s recurring revenue base.

Further financial details are not disclosed.