DCC Technology, trading as Exertis, announced the acquisition of Comm-Tec, a leading supplier of Pro AV solutions to resellers and systems integrators across Europe.
DCC Technology trading as Exertis, a leading route-to-market and supply chain partner for global technology brands across consumer, business and enterprise, announced today the acquisition of COMM-TEC GmbH, a leading supplier of Pro AV solutions to resellers and systems integrators across Europe. Headquartered east of Stuttgart, COMM-TEC generated over €90 million revenue in its last financial year. It employs over 150 staff across Germany, Switzerland, Austria, Italy and Spain and with sales operations in Eastern Europe.
Gerry O’Keeffe, Exertis International managing director says of the acquisition: “Pro Audio-Visual is a strategic priority for Exertis, growing from an already strong position in the UK&I, Nordics and France, along with recent market leading acquisitions in North America; Comm-Tec is a key investment in our continuing growth story. Comm-Tec 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”.
Rainer Sprinzl, Comm-Tec, managing director, adds: “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”.
Comm-Tec, weel-known distributor operating also on the Italian market, 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. The company has relationships with a wide range of vendors including Barco, Brightsign, Chief, Gefen, Middle Atlantic, Newline and QSC.
Comm-Tec’s experienced management team will remain after the completion of the acquisition reporting to Eric Bousquet, managing director, Exertis commercial Western Europe. Wolfgang Lenz, Comm-Tec founder and managing director, says: “During more than three decades, we have built a great business at COMM-TEC which is testament to all the team’s hard work and dedication. This next step in our journey presents an excellent opportunity to develop our business further and take advantage of the synergies available in being part of the Exertis group”.
This post is also available in: Italian