Irish techology-driven company ATC Computer Transport & Logistics has been bought by Arvato, a global service provider which specialises in supply chain management and e-commerce solutions.
The value of the deal was not disclosed and the deal is subject to customary regulatory approvals in Ireland.
Headquartered in Dublin, ATC has a footprint across Ireland, Europe and New Zealand, with major offices in Amsterdam, Frankfurt and London.
It provides highly specialised transport, logistics, and technical services to hyperscale data centre operators, high-tech freight forwarders, and original equipment manufacturers worldwide.
Founded 45 years ago by Alan and Patricia Young and now led by their son Keith Young, ATC employs over 280 people from over 31 nationalities. It has plans to increase its headcount to 300 by 2026, and add two further international offices.
Under the terms of the deal, 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.
A subsidiary of Bertelsmann, Arvato offers handling services for the entire supply chain, with a focus on e-commerce, omnichannel distribution, classic logistics and transport solutions. It employs over 17,000 team members across more than 90 locations worldwide, generating a revenue of €2.5 billion.
Keith Young, Managing Director of ATC, said today's deal marks a significant milestone in its growth journey, and aligns perfectly with it core values of sustainability, a people-first approach, and a strong commitment to cultivating a positive company culture.
"Our team has always been at the heart of our success, and I'm delighted that I will continue to work alongside them as we build on everything we’ve already achieved together," he said.
"We have ambitious plans for the future, and this acquisition will help accelerate our progress. With 40 open roles currently available, we are focused on continuing to attract top talent who share our passion for excellence," he added.
Mitat Aydindag, President TECH at Arvato, said today's deal marked an important step in a rapidly growing market.
"The planned acquisition of ATC Computer Transport & Logistics is a significant milestone in our strategy to develop new growth areas. Our joint portfolio will enable us to offer more comprehensive and innovative services to our customers worldwide," he said.
"With the combination of our global expertise and the strong network of ATC Computer Transport & Logistics, we are strengthening our position in a dynamic market segment," he added.