The acquisition of C2M/Intelware is part of EET Europarts’ focused expansion strategy and serves as an important step in the direction of becoming a leading European Pro-AV distributor.
EET Europarts announced the acquisition from VIDELIO of the French Pro-AV equipment leading distributor C2M/Intelware, a company that boasts more than 30 years of experience and a yearly revenue of €40 million. “We are delighted to welcome the C2M/Intelware teams into our EET Europarts family – says Florent Berge, Managing Director, EET Europarts -. We are convinced that this acquisition will enable us to better serve our customers and develop our range of value-adding services. C2M/Intelware enjoys an excellent reputation in the industry and are an authorized distributor for highly respected brands such as Epson, Samsung, Casio, LG, Panasonic, NEC and more. The acquisition will strengthen our product offering and sales expertise to existing EET Europarts customers of Pro-AV products and C2M/Intelware’s customers will now have access to a much broader range of products in both the Pro-AV area and in all our other product categories”.
“We have been very successful in performing acquisitions in the past, and we have demonstrated the ability to develop and grow the acquired business activities with our expertise, our business model, and our wide distribution network. With the acquisition of a large player like C2M/Intelware with €40 million in revenue, we strengthen our position within the Pro-AV area significantly”, adds Søren Drewsen, CEO at EET Group.
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