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Var Group Enters Agreement with MTS&Care: Acquires 15% Stake and Outlines Evolutionary Roadmap

Defines a Growth Strategy in Services and Strengthens Delivery Hub for Made in Italy Companies

Empoli, November 26, 2020 – Var Group Spa, a leading player in Italy in the field of ICT services and solutions for businesses, part of the SeSa S.p.a group, listed on the Star segment of Borsa Italiana, announces the agreement with MTS&CARE, a company specializing in installation services, technical support, and software. The agreement entails Var Group acquiring a 15% stake in MTS&Care and outlining a strategic plan to support companies throughout Italy, with a dedicated delivery and comprehensive coverage. Through this operation, Var Group enhances its services hub to support technology, bringing together all the structures and skills dedicated to managing massive rollouts, technical assistance services, and end-user support for large companies, retail chains, banks, and insurance companies.

MTS&Care is a company focused on providing installation and technical support services, with a strong specialization in supporting Retail, ATM, and multivendor ICT systems, composed of 90 professionals nationwide.

Var Group continues its strategy, dedicated to services to support Made in Italy companies, which has enabled it to create a hub for the delivery of both large-scale technical assistance and software projects and support for businesses. It is a unique center of excellence in the Italian landscape, currently composed of approximately 300 experts ensuring comprehensive coverage of the territory. This plan is part of a broader project that corresponds to Var Group’s Smart Service offering, a business line that allows companies to develop new business models and increase competitiveness.

“We enthusiastically share Var Group’s strategy and industrial plan and are proud to grow within a great company,” says Fabrizio Miluzzi, CEO and founder of MTS&Care.

“We welcome this team, a reality with a strong focus that will integrate with our skills to provide comprehensive support to companies,” comments Francesca Moriani, CEO of Var Group. “Our commitment to supporting companies throughout Italy with expertise and proximity is confirmed, believing that innovative services can support businesses in such a complex time and make the implementation of new business models possible.”

https://www.vargroup.it/wp-content/uploads/2020/12/874fb38b-fa7f-4cc7-9057-b28a7da232ab.pdf

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