Tech Data snaps up ETC parent company
Tech Data has agreed to buy SDG, the distribution arm of SCH, which owns operations including ETC in France and the Netherlands, and
The move, expected to be completed in Q4 of 2012, is worth around €277m. SDG, combined with its integration business has am annual turn over of around £2.75bn.
SDG, IQ Sys and ISI Distribution in the UK.
Tech Data said the acquisition strengthens its enterprise business Azlan, and will add more than 600 experienced individuals with "domain knowledge in specific product, customer and operational disciplines".
Robert Dutkowsky, chief executive of Tech Data, said: "This transaction demonstrates Tech Data’s strong commitment to our diversification strategy and further expands our 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 and communications, server and storage and enterprise software across a broader pan-European footprint."