Mitel and Ostertag Holding today announced that they have entered into a definitive agreement in which Ostertag will acquire DeTeWe Communications, Mitel’s direct systems integration business in Germany. As part of the agreement, all DeTeWe operations, employees and customer contracts will transition to Ostertag upon closing, which is expected in early Q2 2018 subject to regulatory approvals and customary closing conditions. Financial details of the transaction were not disclosed.
Strengthens Mitel and Ostertag as German businesses look for seamless communications to drive digital transformation
Building on their existing relationship, the transaction is a strategic and logical move for both companies. Mitel is selling its non-core system integration business, simplifying and aligning its go-to-market model across Europe as it focuses on the unified communications and collaboration market. Ostertag, a prominent platform-independent ICT systems integrator in Germany, is capitalising on domestic market consolidation as it positions the company to become one of the market leaders in ICT services and consulting.
“This is a win-win that sets Ostertag and Mitel up for growth and success as businesses in Germany begin to pivot to cloud-enabled solutions to help digitally transform their operations,” said Rich McBee, CEO of Mitel.
“With DeTeWe as part of the Ostertag Group, our mutual customers will continue to benefit from Mitel solutions, support and services, and will be ideally positioned to take advantage of advanced communications and collaboration solutions that will enable them to move to the cloud when and how they want.”
Seamless business continuity for customers and employees in Germany
The definitive agreement includes a transition services agreement, enabling seamless continuity of support and services for customers. Upon closing, DeTeWe, as part of the Ostertag Group, will continue to be a channel partner for Mitel in Germany, and all other existing suppliers.
“The market for communications solutions is growing rapidly, driven by increasing customer demand for integrated solutions that can connect employees wherever they are. Ostertag recognised this trend early and has successfully leveraged innovation, sophisticated ICT solutions and managed services, to outpace the market and win business with mid-sized and large companies as well as in key verticals like healthcare” said Marcus Haensel, Managing Director of Ostertag.
“With DeTeWe becoming a part of the group, Ostertag will be even better able to offer customers a rich selection of innovative services and solutions.”
As a result of this transaction, Manuel Ferre-Hernandez, currently Country Manager of Mitel Germany, immediately becomes Managing Director of Mitel Germany. Once the transaction is completed, Christian Fron will join Ostertag Holding GmbH as a member of their executive management team, and will continue to operate in the role of Managing Director of DeTeWe.
About Mitel
A global market leader in business communications powering more than two billion business connections, Mitel (Nasdaq:MITL) (TSX:MNW) helps businesses and service providers connect, collaborate and provide innovative services to their customers. Our innovation and communications experts serve more than 70 million business users in more than 100 countries.
About Ostertag Group
Ostertag Group integrates a suite of best-in-class technologies available in the market including its own software applications. It also operates infrastructure as a managed services provider.
Founded in 1995 by Gerhard Ostertag, the company grew rapidly and has been established as Ostertag Group in 2016. As part of its further growth strategy, Ostertag acquired the telecommunication business unit of euromicron Deutschland in 2017. It currently supports more than 2.000 customers with approximately 300 employees, including more than 200 certified service engineers across 14 locations in Germany.
