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Exertis completes fourth European acquisition in two years

Exertis has completed its acquisition of Azenn Holding Développement after receiving regulatory approval in June. 

A distributor of structured cabling solutions and network devices to the French installation market, Azenn also provides telecoms operators with logistics, refurbishment and staging services for network devices. 

The business headquartered in Montauban de Bretagne, Brittany employs approximately 200 people across five locations throughout France, including a large distribution centre in Satolas-et-Bonce, Lyon. In its last financial year, it recorded revenues of €60 million. 

Exertis’ fourth European acquisition in two years, following those of Amacom, Comm-Tec and Keren, complements and extends the service offerings of Exertis Connect, Exertis’ existing commercial business in France. 

Clive Fitzharris, Managing Director of Exertis International, said: “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.” 

www.exertis.com 

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2020