Spain: Danish broadliner and sparepart specialist EET Europarts continues its acquisition spree with another prey, cabling and connectivity specialist Import Cable. The cost of the acquisition has not been unveiled. The distributor will be integrated into EET Europart's Spanish branch, headed by Miguel Cervera Andersen. Import Cable is based in Madrid and has 20 years of experience in the computer connectivity market. The company is a trusted supplier for installers of information technology throughout Spain. As official distributor of major brands Import Cable has continually added new high quality products to meet the needs of its customers, keeping in stock more than 4000 products, in cables, racks and connectivity devices for immediate delivery. The acquisition is part of EET Europarts' ambitious growth strategy counting more than 30 successful acquisitions over the past 20 years, clearly demonstrating the group's ability to create significant synergies from mergers.
"Acquisitions are an important part of our growth strategy, and a contributing factor to our successful expansion in recent years. We have the experience and know-how to carry out integration of different organizations and human teams effectively and successfully, and always with the clear target of providing our customers with an even better product portfolio, and a stronger organization to support the customers in whatever needs they may have. We will continue our expansion strategy, and we keep our doors open to new companies who are interested in joining our group. Currently we are in contact with several potential candidates", says John Thomas, CEO at EET Group.
Javier Rodriguez Gonzalez, Director of Import Cable says: "We are very pleased to become part of an ambitious and successful company like EET Europarts. We look forward to bringing our long-time experience and competences within the computer connectivity business together with the focused IT teams at EET Europarts, and being able to offer our customers the advantages of EET Europarts' e-trade platform and its state-of-the-art logistics set-up. Seeing how efficiently EET Europarts has been growing their Server, Computer and Printer Parts business, I feel very confident, and look forward to create mutual synergies to our joint business going forward."