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This operation, the seventh one he performs this year, is part of its business strategy that seeks the growth of its activities both organically and through acquisitions.

EET Europarts

EET Europarts has acquired the Scandinavian company Avantis Distribution, operation that represents the seventh acquisition made by this distributor of IT products this year.

Avantis Distribution is dedicated to delivering wireless technology products and security network infrastructure solutions. The company is headquartered in Oslo (Norway) and is represented with local sales entities in Sweden and Denmark.

"We have been growing in the Storage business & Network Security in recent years, and we have expanded the range of products. The acquisition of Avantis Distribution will further strengthen our position within (wireless network and network security) wireless network and network security, and add new competencies and brands to our portfolio. Our business strategy is ambitious and we want our business areas to grow both organically and through acquisitions.", comments Soren Drewsen, CEO of the EET Group.

As part of the acquisition, EET Europarts will take over the team of Avantis employees who will become part of EET Europarts' local sales entities in Norway, Sweden and Denmark.

"Avantis specializes in advanced wireless technology and security solutions, which means we will now be able to offer even more cost-effective and stable wireless networking and security solutions and products with a high level of functionality. Wireless technology is constantly evolving and wireless communication is often used as a primary connection to applications and services.", comments Bjorn Berg, Director General of EET Europarts Norway.

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By • 17 Oct, 2017
• Section: Communications, Business