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4 April 2023

Apogee to Acquire Argon Business Systems Ltd

Apogee Corporation Ltd has agreed to acquire Argon Business Systems Ltd, a well-established services provider in the Isle of Man; predominantly providing IT-based services, Managed Print Services, and other Professional Services capabilities.

 

Maidstone, UK, 03/04/2023

Apogee Corporation Ltd has agreed to acquire Argon Business Systems Ltd. Originally formed in 1983, Argon is a well-established services provider in the Isle of Man, predominantly providing IT-based services, whilst also having MPS (Managed Print Services) and other PS (Professional Services) capabilities.

Argon is a customer-focused multi-discipline technology services provider, supporting the needs of organisations operating in both the Private and Public sectors. The business has been delivering comprehensive technology solutions to its customers for almost 40 years. Combined with its Microsoft-certified staff and its experience delivering services within both the print and IT environment, this further supports Apogee’s venture into Managed IT Services.

Apogee’s portfolio of services has been created to deliver the right technology and solutions to any workforce, and this acquisition further enhances our IT capabilities as we continue to provide a bespoke and market-leading service to our customers.
– Aurelio Maruggi, CEO of Apogee Corporation

Aurelio Maruggi, CEO of Apogee said, “This acquisition helps strengthen Apogee’s position as a leader in Managed Workplace Services, both in the UK and, as we continue to drive growth, in Continental Europe. Argon’s reputation will enhance Apogee’s coverage and capabilities to support its customers with Managed IT Services, while forming part of our ongoing growth strategy, as we aim to create the perfect combination of secure and flexible solutions for our customers’ workforce."

"Apogee’s portfolio of services has been created to deliver the right technology and solutions to any workforce, and this acquisition further enhances our IT capabilities as we continue to provide a bespoke and market-leading service to our customers.”

Argon’s CEO, Iain Fairbairn, commented on the acquisition, “This deal will enable the ongoing growth and development of the Argon team on the Island, expanding our range of Managed IT Services into the Apogee customer base across the UK and Ireland. It enhances the strength of the business for the future, and is recognition of the excellent service provided by the Argon team."

"Working with Apogee, we will be able to extend the solutions delivered and the value we can offer to our wide ranging customer base. I believe Apogee’s investment recognises the strength of our economy, the many sectors represented, and the opportunities which exist on the Island."

 
 

Apogee Corporation has a long history of demonstrating exponential growth both organically and through acquisition, having completed 20-plus acquisitions to date. This is Apogee’s third acquisition since announcing its change of ownership to HP in 2018, and Apogee will continue to consider further strategic acquisitions to drive its growth in the UK and Continental Europe. Apogee has been on an important journey since the HP acquisition with the development of a broad services portfolio, the expanded presence in Europe, and a notable change in culture throughout the business.

Businesses continuously seek ways to work smarter and work safer in a more sustainable world, through the technology and processes their employees use. As the needs of the workforce evolve, Apogee will continue to invest in its portfolio of services, ensuring it continues to provide world-class Managed Workplace Services.

 

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