Gfi buys Informática El Corte Inglés to strengthen its international presence

Iecisa will be integrated into the French group and the resulting technology company will have a workforce that will exceed the 23.000 people and a turnover of more than 2.300 million euros.

El Corte Inglés and the Gfi Group have reached an agreement by which the latter will acquire one hundred percent of the shares of Informática El Corte Inglés (Hit it). This will allow the Spanish technology consultancy to begin a new stage of growth alongside a large specialized group with a broad international presence..

Gfi has valued Iecisa's know-how, as well as its positioning both in the national and Portuguese markets and in Latin America.. The transaction will allow both companies to generate synergies, access new markets and enrich your consulting and service offerings. This combination will lead to the creation of a new European technological entity that will have strong growth potential..

Both companies share the same innovation values, teamwork and commitment to clients. The global vision of the business, along with personalized attention and service for each client, They are also part of your corporate culture.

The technological group resulting from the agreement will have a staff of more than 23.000 people and a turnover of more than 2.300 million euros. In addition, will continue providing services to the El Corte Inglés Group within the framework of the digital transformation carried out by the Spanish distribution company. El Corte Inglés will allocate, mainly, the amount of the operation to reduce debt.

Informatics El Corte Inglés was founded in 1988 and in the last financial year (closed to 28 February 2019) achieved a turnover of 703 million euros. IECISA is specialized in technological consulting with value-added projects, especially in the area of ​​digital transformation.