ADP Dealer Services announces the acquisition of Sicit.CHICAGO--(BUSINESS WIRE)--Feb. 10, 1997--Peter M. Leger, President of ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. Dealer Services Group, announced today the acquisition of Sicit MT&T S.p.A. -- the largest dealer management systems provider in Italy. Headquartered in Padova with branches throughout Italy, Sicit MT&T provides dealer management systems and services to over 2,900 clients, including 1,600 motor trade dealers. The terms of the transaction were not disclosed. "The acquisition of Sicit MT&T is a continuation of our Pan-European strategy of providing coverage in all major European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. countries. This enhances our position as the leading provider of full service dealer management system solutions in Europe," said Leger. Mr. Vittorio Bozza and his management team will continue to manage the business as it becomes part of the European operations of ADP Dealer Services, which are headquartered in Brussels. "With the acquisition of Sicit MT&T, ADP Dealer Services has a strong presence in Italy. We now have operations in every major country in Europe," said Gordon Mettam, Managing Director of ADP Dealer Services Europe. "Today automotive manufacturers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. full service providers to support their Pan-European marketing, training and other support activities. At the same time, dealers are still looking for local suppliers who understand their own markets. ADP's expertise and coverage, together with strong local management, makes us ideally suited to provide this value-added support to manufacturers and their dealers," added Mettam. "We at Sicit MT&T are delighted to be joining forces with ADP Dealer Services. The combined business units will optimize optimize - optimisation the potential synergies in geographical coverage, product technologies and manufacturer relationships across Italy," said Bozza. All existing Sicit MT&T clients will continue to be supported by Sicit MT&T staff. ADP Dealer Services Europe, with approximately 9,000 dealers, is the largest supplier of dealer management systems in Europe. ADP Dealer Services Group provides full service solutions to over 20,000 auto and truck dealers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Europe, Asia and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . ADP Dealer Services Group is the third largest business unit of Automatic Data Processing Same as data processing. Inc., which with over $3.5 billion in annual revenues and 375,000 clients, is one of the largest computing computing - computer service firms in the world. CONTACT: ADP Dealer Services Europe Gordon Mettam, 011-32-2-726-4330 or ADP Dealer Services Kristen Hill, 847/397-1700 or SICIT MT&T S.p.A. Vittorio Bozza, 00-39-49-62-97-00 |
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