DCC Technology, which trades in the UK as Exertis, has announced its intention to acquire Amacom, a supplier of consumer electronics and small domestic appliances to retail, etail and B2B resellers.
Located in Den Bosch, in the Netherlands, the company employs around 80 staff with revenues of €160 million in the last financial year.
Gerry O’Keeffe, Exertis International, managing director, said: “Amacom provides us with the opportunity to expand our Consumer Electronics business in Continental Europe. There is great synergy between our two companies in the consumer market which we can leverage to the benefit of our vendors, who increasingly want to work with fewer partners across Europe.
“Amacom is well respected for its sophisticated distribution and service capabilities, serving the Benelux market with an impressive, online portal that is widely used by retailers, and has strong relationships with key vendors.”
Amacom holds a leading position with vendors who include Clearplex, LG, Panasonic, Philips, Samsung and Sony.
Completion is expected to take three to six weeks, during which time both companies will continue to operate separately.
Elsewhere, DCC Technology has also announced the acquisition of COMM-TEC, a supplier of Pro AV solutions to resellers and systems integrators across Europe.
Headquartered near Stuttgart, the company generated over €90 million revenue in its last financial year. It employs over 150 staff across Europe.
Mr O’Keeffe added: “Pro Audio-Visual is a strategic priority for Exertis. COMM-TEC is a key investment in our continuing growth story. It provides Exertis’ customers and vendors with a first-class European platform and together with Exertis’ Supply Chain Solutions business gives us global reach in this important and growing category.”
COMM-TEC provides a range of Pro AV solutions that encompass: presentation hardware; digital signage and media solutions; signal management, conference and control; and racks and mounts.
Rainer Sprinzl, COMM-TEC managing director, said: “This is a great opportunity for our business and our employees to be part of an organisation that has clearly demonstrated its desire to grow both organically and through acquisition. Equally, it has great benefits for our customers and vendors with the potential to extend our product portfolio and service offerings to meet the increasingly collaborative requirements of end users in today’s workplace.”