A STRATEGIC AND TRANSFORMING DEAL

Gfi positions itself among the foremost IT service companies in Europe by signing the acquisition of IECISA, the IT subsidiary of El Corte Inglés.

The Gfi Group enters a new strategic phase with the integration of the Spanish Informática El Corte Inglés (IECISA) to create a major European technology leader and strengthen its positioning in the Iberian Peninsula and Latin America.

Gfi, after having received the approval of all relevant competition authorities, today announced the closing of a deal to acquire Informática El Corte Inglés (IECISA). This transaction with IECISA, a subsidiary of the retail giant El Corte Inglés, hails a new key stage in the global growth strategy that Gfi has been following for several years.

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