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Competition Authority authorizes acquisition of iServices by Worten

by ace
Competition Authority authorizes acquisition of iServices by Worten

The Sonae-owned Worten chain has acquired iServices, a specialist in computer and telecommunications equipment repairs, which also distributes some retail drone brands, such as DJI. The deal has now been authorized by the Competition Authority, which has not seen evidence of hindering effective competition in its markets.

Speaking to Lusa in November, João Dolores, Sonae's chief financial officer, had mentioned the importance of acquiring the company in Worten's strategy, by reinforcing its commitment to customer services, namely the repair of smartphones and gadgets.

IServices, founded in 2011 with the opening of the first store in Parque das Nações, currently has 15 stores across the country, including Funchal, Madeira. The company specializes in repairing Apple products, hence the derivation of the name including iPhones, iPads, Macs and iMacs. The company led by Bruno Borges had the strategy of opening stores across the country, fostering sustained growth. And with DJI in its catalog, the company also provides film services with the drones, featuring in its curriculum the aerial footage of the SLB stadium, the Super Bock festival, Super Rock, and recordings for television shows.

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