Exertis, a global leader in technology distribution, has announced it has now completed the acquisition of Azenn Holding Développement (‘Azenn’) after receiving regulatory approval earlier this month.
Azenn is a leading distributor of structured cabling solutions and network devices to the French installation market. It also provides logistics, refurbishment and staging services for network devices to some of the largest Telecoms operators in France.
Headquartered in Montauban de Bretagne, Brittany, the business employs approximately 200 people across five locations throughout France, including a large distribution centre in Satolas-et-Bonce, Lyon. Azenn delivered revenues of €60 million in the last financial year.
Azenn is led by Philippe Betherlot, President, who will remain with the business and continue to drive Azenn’s future growth. Philippe Betherlot, says, “This acquisition is a great opportunity for Azenn, our people and our customers. We’re really looking forward to being part of the ever-expanding DCC Technology business.”
The acquisition of Azenn will complement, enhance and extend the service offerings of Exertis Connect, Exertis’ existing commercial business in France. Exertis Connect, led by Eric Bousquet, will facilitate the expansion of Azenn’s cabling and network device offerings to new customers.
This acquisition continues the European expansion of Exertis, following the acquisitions of Amacom, Comm-Tec and Keren in the last two years. Clive Fitzharris, Managing Director, Exertis International, says, “Azenn is a great fit with our existing commercial business in France and will allow us to offer a broader range of network devices and cabling solutions to customers, both inside and outside the building.”
Tim Griffin, Managing Director of DCC Technology says, “As a company that we have admired for a number of years, we are delighted to add Azenn to the Exertis family. I look forward to working with Philippe and the Azenn team to drive further growth in the business and add even more value to our customer and vendor partners.”
1Exertis is the principal trading name of DCC Technology.
About Exertis Group
Exertis is the leading technology distributor of consumer, business and enterprise products from pioneering technology brands, playing an integral role in supplying the world with cutting-edge tech. For forty years Exertis has distributed the technology that transforms societies and facilitates the world’s transition to digital. These days Exertis distributes everything from AV solutions to AI-powered smart-tech.
Exertis is powered by the mantra ‘our people, our customers, our business’ and its reach is global. A wholly owned subsidiary of parent company DCC PLC, a FTSE 100 company, it has offices in Europe, North America, Middle East and China, representing 2,400 brands. In 2021 it had a turnover of £4.483 billion. As technology evolves, so does Exertis.www.exertis.com