Bechtle AG’s Strategic Expansion in Portugal and Market Momentum

1. Acquisition of RIS 2048 and Evoware in Portugal

On 29 January 2026, Bechtle AG announced the acquisition of the Portuguese IT‑system integrator RIS 2048 – Sistemas Informáticos e Comunicações, S.A., together with its subsidiary Evoware. The deal brings the combined entities under the Bechtle umbrella while allowing them to continue operating under their established brands. RIS 2048 maintains offices in Aveiro, Lisbon, and Porto, and the two companies employ a total of 165 staff.

In 2025, the portfolio generated over €50 million in revenue, underscoring the scale of the acquisition. By integrating RIS 2048 and Evoware into its European network, Bechtle expands its footprint in Southern Europe and strengthens its service capabilities in system integration, cloud solutions, and digital transformation for mid‑market clients. The acquisition is expected to enhance cross‑selling opportunities and provide access to new customer segments across the Iberian Peninsula.

2. Share Performance Over the Past Year

Bechtle’s stock has experienced robust performance in the last twelve months. According to Finanzen.net, a hypothetical investment of €10 000 in the XETRA listing on 28 January 2025 would have yielded a +41.27 % return as of 27 January 2026, when the share price reached €44.50. The calculation is based on the closing price of €31.50 on the initial date, excluding any stock splits or dividends.

The company’s market capitalization is currently €5.59 billion, following a long‑term presence on the XETRA exchange since its initial public offering on 30 March 2000. The initial offer price of €30.00 per share has been surpassed by a factor of 1.48, reflecting sustained investor confidence and growth.

3. Position Within the TecDAX

Bechtle’s share price has also contributed to the TecDAX’s recent upward trajectory. On the trading day of 26 January 2026, the index closed at 3,731.17 points, marking a 0.20 % increase and bringing the index’s market capitalization to €561.901 billion. The index’s performance, which has risen +2.95 % year‑to‑date, reflects a broader positive sentiment in the German technology sector.

Within the TecDAX, Bechtle was among the top performers of the day, recording a +1.28 % rise to €44.26. This positioned the company just behind leaders such as Nemetschek SE and Nagarro SE. The share’s performance aligns with the index’s broader rally, which is driven by high‑growth technology companies that benefit from digitalisation trends and increased demand for cloud and IT services.

In summary, Bechtle AG’s acquisition of RIS 2048 and Evoware represents a significant strategic expansion in Portugal, reinforcing its service portfolio and geographic reach. Concurrently, the company’s share price has demonstrated solid growth, contributing positively to the TecDAX and reinforcing investor confidence in Bechtle’s long‑term growth prospects.