EET Europarts acquires Avantis
2017-11-16

Scandinavia: Danish multispecialist EET Europarts has acquired for an undisclosed amount network VAD Avantis Distribution, which is present in Denmark, Norway and Sweden. The acquisition of Avantis Distribution is part of EET Europarts' ambitious growth strategy for the Storage & Network Security business. "We have been successfully growing the Storage & Network Security business in recent years, and we have expanded the product range significantly. The acquisition of Avantis Distribution will strengthen our position within wireless network and network security even more, and add new competences and brands to our portfolio", says Group CEO Søren Drewsen, EET Group. "Our business strategy is ambitious and targeted, and we want to grow our business areas organically as well as through acquisitions. The Avantis acquisition is our 7th acquisition this year and, as stated before, we are continuously on the lookout for companies that show interest in being acquired", adds the Group CEO.

As part of the acquisition, EET Europarts will take over a team of experienced employees from Avantis Distribution. The employees will become part of the local EET Europarts sales entities in respectively Denmark, Norway and Sweden. "We are very pleased with the acquisition of Avantis Distribution. We have been working determined to develop our product range within Storage & Network Security", says Bjørn Berg, Managing Director at EET Europarts Norway. "Avantis specializes within advanced wireless technology and security solutions, which means we will now be able to offer our customers even more cost-effective and stable wireless network and security solutions and products with high level of functionality. Wireless technology is constantly evolving and wireless communication is often used as a primary connection to applications and services. When the world is going more and more wireless it is importent to have focus on how to secure your network. I am convinced that our agile EET Europarts sales and distribution model in combination with Avantis' products, dedication and knowledge of secure wireless technology will ensure well-functioning and high quality solutions for our many network customers."

Ubiquiti appoints EET Europarts
2017-09-22

Meshed network vendor Ubiquiti has appointed broadliner EET Europarts as an official distributor in Europe for its products. EET Europarts, through its offices in Austria, Belgium, Czechia, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, the Netherlands, Norway, Poland, Romania, Russia, Spain, Sweden, Switzerland, Ukraine and the United Kingdom, will target in priority the retail markets in the different countries its covers.

EET Europarts acquires DED
2017-08-16

United Kingdom: in what is its fifth acquisition this year and the second in this field in a few weeks after Heimdal in France, Danish multispecialist EET Europarts has taken over British POS specialist DED for an undisclosed amount. "With the acquisition of DED we are now entering into the league of the leading Pan-European distributors within the POS & Auto ID area", says Group CEO John Thomas, EET Group. "Our ambition to become one of the leading POS & Auto ID distributors in the European market before 2020 seems within reach."

With the acquisition, EET Europarts will take over a team of 22 dedicated and experienced employees from DED.

"From our acquisitions in recent years, we have the experience and know-how to carry out integration of different organizations and human teams effectively and successfully. Now 22 employees from DED will become our new colleagues, and they will be integrated into our UK-based entity, EET Europarts Ltd, headed by Managing Director Simon Smith. With this integration it is our clear target to provide our customers with an even better product portfolio, and a stronger organization to support the customers in whatever needs they may have", adds the Group CEO.

"DED has an excellent reputation in the POS & Auto-ID Card business with important main vendors and brands like i.a. Star Micronics, Evolis and Spacepole", says Simon Smith, Managing Director at EET Europarts in UK. "Furthermore, DED is well-known for its very strong sales and technical support team, providing customers the specialist knowledge and support needed, in order to supply them with the correct solution. The acquisition of DED will strengthen the basic offer for our existing customers, as well as for our new DED customers, being able to benefit from the advantages of EET Europarts' e-trade platform, our state-of-the-art logistics set-up, and all of our interesting business areas providing new business opportunities to their customers.".

EET Europarts acquires Heimdal
2017-08-10

France: multispecialist EET Europarts has acquired POS specialist Heimdal Distribution for an undisclosed amount. The company is a focused Zebra distributor and specialized in equipment dedicated to mobile automatic identification and logistics. John Thomas, Group CEO at EET Group, says: "acquisitions are an important part of our overall growth strategy, and a contributing factor to our successful growth of the POS & Auto-ID business. During the last couple of years, we have grown the business substantially, both organic as well as through acquisitions. Our ambition is to become one of the leading distributors within POS & Auto-ID in Europe before 2020, and this acquisition is one more step in that direction. The acquisition of Heimdal Distribution will add new competences, products and brands to our portfolio. Zebra is an important brand that will strengthen our proposition to the customers. Furthermore, and equally important, this acquisition will bring even more skilled and specialized employees into our organization and strengthen our value-added services to the customers."

As part of the acquisition, EET Europarts will take over a team of experienced employees from Heimdal Distribution. Furthermore, the Managing Director at Heimdal Distribution, Fabrice Fanget, will join EET Europarts as new Business Development Manager, POS & Auto-ID France. Fabrice Fanget says: "I am really impressed by EET Europarts´ business model. The company has succeeded in building a strong product and brand portfolio, that supports both the wide customer segment as well as niche customers. EET Europarts is an acknowledged One-stop-Shop distributor, and this is really an impressive accomplishment. In my new role, as Business Development Manager for the POS & Auto-ID team at EET Europarts France, I look very much forward to bringing our long-time experience from Heimdal Distribution further, and being able to offer our customers the advantages of both EET Europarts' One-stop-Shop assortment and its e-trade platform, as well as its state-of-the-art logistics set-up."

EET Europarts is continuously on the lookout for companies that show interest in being acquired. Currently several companies are in the pipeline. John Thomas says: "Historically we have been very successful in performing acquisitions. We have clearly demonstrated that we are able to develop and grow the acquired business activities significantly with our expertise, our business model and our wide distribution network throughout Europe and Africa. Therefore, acquisitions are continuously an important part of our growth strategy, and we are always on the lookout for new acquisition opportunities. We expect to complete more acquisitions in near future."

EET Europarts strengthens Pro-AV business with new acquisition
2017-07-24

Ireland: AV specialist Fusion Technologies has been acquired by Danish multispecialist EET Europarts for an undisclosed amount. "Fusion Technologies has a very strong position in the Irish market, distributing quality products to professional AV customers. It is a perfect match for us to grow the Pro-AV & Digital Signage business area further", says John Thomas, CEO at EET Group. "Also I am very pleased to announce that Managing Director, Damien Brennan, from Fusion Technologies, will take on the lead role as Managing Director at our newly established entity EET Europarts Ireland, and he will bring along a handful of highly skilled employees from Fusion Technologies as well."

Managing director at Fusion Technologies, Damien Brennan, is very pleased with the acquisition: "EET Europarts has been growing its Pro-AV & Digital Signage business strongly and very efficiently in recent years, and I look forward to become part of such a successful company. Also, I strongly believe that the impact of EET Europarts' unique and effective distribution model, in combination with the products, know-how and competences we bring on from Fusion Technologies, will help grow the Pro-AV & Digital Signage business further."

EET Europarts is continuously on the lookout for companies that show interest in being acquired. Currently several companies are in the pipeline. "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.

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