Zitcom Group and Combell join forces
The Belgian hosting group Combell Group has acquired Zitcom Group. Represented by brands such as Combell, Easyhost and Byte, Combell Group is the Benelux market leader for shared hosting for SME customers. Through this acquisition, Combell is enforcing her market position in Denmark.
The Belgian hosting group Combell Group has acquired Zitcom Group, parent company of well-known Danish SME hosting brands such as Wannafind, ScanNet and UnoEuro. Represented by brands such as Combell, Easyhost and Byte, Combell Group is the Benelux market leader for shared hosting for SME customers.
With the acquisition of Zitcom Group, Combell will also take a market leading position in the Danish SME hosting market in which the group is already active with the DanDomain brand. With the purpose of consolidating Combell's Danish activities, the DanDomain brand will be incorporated in Zitcom Group under the management of Zitcom Group CEO, Stefan Rosenlund.
I look forward to further developing the DanDomain brand and to getting to know the many employees and customers. It's with great pride and humility that I take on the responsibility of leading the joint Zitcom and DanDomain activities, and I have the greatest respect for the results the DanDomain team has achieved to date – especially with their market leading webshop platform.
As a part of Combell, Zitcom Group will be able to build on its strategy for the Danish hosting market.
For many years, Combell has successfully applied a multi brand strategy with focus on strong customer relationships, technical sophistication, strategic acquisitions, a healthy financial policy and intelligent solutions. Zitcom Group has taken an identical approach in Denmark. The matching DNA and ambitions, were the reason why we accepted to join forces with Combell.
As a result of the acquisition, Combell Group now takes up a market leading position in the Danish SME hosting market. Jonas Dhaenens, group CEO, elaborates on why Zitcom Group was a perfect match for Combell.
The acquisition of Zitcom Group is an attractive continuation of our buy-and-build strategy - both from a cultural and a strategic point of view. Zitcom Group is characterized by great professional pride, technical excellence, an insatiable entrepreneurial spirit and a high degree of success in building a sharply defined portfolio of hosting brands for Danish SME's. Zitcom Group fits perfectly in Combell's culture and strategic ambitions for the Danish SME hosting market
With Zitcom Group, Combell will be the market leader in Denmark and the Benelux. As a group Combell will be one of Europe's largest hosting companies. However, our ambitions reach further than this. Further acquisitions, mainly in the Benelux and Scandinavia, will be a core part of Combell's future strategy.
Combell Group is financially backed by buy-and build-investor Waterland Private Equity Investments.
The acquisition of Zitcom by Combell Group joins two of the industry’s best management teams, who operate on the leading edge of technology, have an outstanding organic growth track record, and build on an unparalleled buy-and-build capability. In combination, Combell and Zitcom form an integrated platform which is ready to play a leading role in the consolidation of the European SME hosting industry.
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