PCR Tech and IT retail, distribution and vendor news
DCC has reached an agreement with Aurelius for the sale of Exertis IT (Info Tech businesses in the UK and Ireland), subject to regulatory approval. Businesses in scope comprise Exertis UK Business and Consumer, Hypertec, Exertis Supplies, Exertis Ireland, Macro EV, Exertis Supply Chain Services, MTR and Ztorm.
This forms part of DCC’s strategic review of its technology division, as announced in November 2024. The JAM and Almo businesses in North America, Exertis Enterprise, and Exertis Nordics, amongst others in Europe, remain part of the DCC Technology group.
Tim Griffin, CEO at Exertis IT, said: “We are delighted to have found new owners who are committed to accelerating our growth, and that of our partners, through dedicated focus and investment. I firmly believe this sale positions Exertis IT for long-term success and provides greater opportunities for our vendors, customers and our people. It’s business as usual for us, providing an exceptional portfolio and industry-leading operations.”
The transaction is expected to be completed in the fourth quarter of this calendar year, subject to regulatory clearance. DCC remains committed to supporting the Exertis IT businesses during this time, ensuring a seamless transition to the new owner.
Clive Fitzharris, CEO of DCC Technology, commented: “Today’s announcement represents an important step for DCC Technology as we sharpen our focus on Pro Tech and Life Tech. DCC Technology is the largest specialist professional AV distributor globally, serves numerous Pro Tech specialisms in North America and Europe, and has a complementary position in high-quality Life Tech products. Thank you to all our people and partners for your ongoing support as we continue to grow together and seize the significant potential that progressive technology brings in enhancing experiences and for better lifestyles.”
