Exertis Announces Intention to Acquire Amacom
Exertis, the principal trading name for DCC Technology, a leading route-to-market and supply chain partner for global technology brands across consumer, business and enterprise, recently announced its intention to acquire Amacom, a supplier of consumer electronics and small domestic appliances to retail, e-tail and B2B resellers, subject to approval from the relevant competition authorities. Located in Den Bosch, in the south of the Netherlands, the company employs around eighty 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.
Amacom’s experienced management team will remain in place after the completion of the acquisition with the current CEO, Dick Engels, reporting into O’Keeffe.
Completion is expected to take three to six weeks, during which time both companies will continue to operate separately.