Tech Data is expanding its distribution footprint in Europe with the acquisition of Birmingham-based SDG.
The distribution giant revealed today that privately-owned Specialist Computer Holdings (SCH) will part with its distribution business SDG for approximately €277m (£219m).
Under part of the deal, the parent company of Computer 2000 will acquire SDG, IQ Sys and ISI Distribution in the UK, ETC and Best’Ware in France and ETC in the Netherlands. Combined, the companies generated sales of approximately €1.4bn at the end of the fiscal year ending March 31, 2012.
The disti's product mix comprises approximately 40 percent datacentre products (including servers, storage and networking); 20 percent software (predominantly datacentre-focused such as virtualisation and security); and 40 percent broadline products (including PCs and peripherals).
Robert M. Dutkowsky, CEO of Tech Data Corporation said in a statement the purchase demonstrated the distribution giant’s commitment to expanding its enterprise offerings in Europe. “It adds both breadth and depth to our product and customer portfolios, and creates a comprehensive enterprise solution stack in Networking & Communications, Server & Storage and Enterprise Software across a broader pan-European footprint,” he commented.
SCH chairman, Sir Peter Rigby, commented: “We have seen the consolidation of distribution businesses worldwide in the course of the last few years and consider that now is the optimum time to pass SDG into the hands of a global player.
“This decision now allows us to focus entirely upon SCC to take its excellent track record to date yet further in terms of scale, capability and coverage.”
The deal is expected to complete by the fourth quarter of fiscal 2013.
