Arvato's acquisition of ATC Computer Transport & Logistics, an Irish company operating in specialised transport, logistics and technical services, has been approved by the Competition and Consumer Protection Commission (CCPC).
Headquartered in Dublin, ATC has a footprint in Ireland, Europe and New Zealand with major offices in Amsterdam, Frankfurt and London.
Founded 45 years ago by Alan and Patricia Young and now led by their son Keith Young, the company employs some 280 and has plans to increase its headcount to 300 by 2026 and open two further international offices.
The company clients include hyperscale data operators, high-tech freight forwarders, and original equipment manufacturers.
ATC announced plans last year to invest €22.5m over five years to support its companywide ‘Driving Green Strategy’, including the ongoing transition of its HGV fleet from traditional combustion engines to battery-electric power.
“We’re delighted to receive regulatory approval to join forces with Arvato, a company that shares our core values of sustainability, a people-first approach, and a strong commitment to cultivating a positive company culture," said Keith Young.
"This acquisition marks a significant milestone in ATC’s journey, and it positions us for continued growth on both a domestic and global scale."
"As always, I’m grateful to our talented and dedicated team. I’m proud of everything we’ve achieved together over the last 45 years, and am looking forward to the new opportunities this next chapter will bring.
"We have ambitious goals for the future, and I am confident that with the unwavering commitment of our team and the new perspectives Arvato will bring, we will achieve extraordinary success."
Arvato is third-party logistics company that offers handling services for the entire supply chain, with a focus on e-commerce, omnichannel distribution, classic logistics and transport solutions.
In 2023, Arvato employed over 17,000 team members across more than 90 locations worldwide, generating a revenue of €2.5bn.
Arvato is a wholly owned subsidiary of Bertelsmann SE & Co. KGaA, a €20bn turnover business that operates as a media, services and education company globally.
“The acquisition of ATC is an important step forward in our ambition to lead in dynamic and high-potential market segments," said Mitat Aydindag, president of tech at Arvato.
"Together, we aim to set new standards in data centre services by combining ATC’s outstanding European network with Arvato’s global expertise, ensuring exceptional value for our customers around the world.
"Our customers can look forward to even more innovative, seamless, and comprehensive solutions. This partnership is a testament to our shared commitment to excellence and innovation.”
ATC will retain its brand name and will be integrated into Arvato as "a standalone complimentary service to the wider business".
Keith Young will continue to lead the ATC team and will also join Arvato’s international management team.
Advisers to ATC during the process included John Bowe, Corporate Finance Partner, Mazars.
Photo: (l-r) Alan Young and Keith Young. (Pic: Conor McCabe Photography)
