EET Europarts strengthens Pro-AV business with new Acquisition

News & Press Releases
- 03 July 2017 11:00
EET Europarts strengthens Pro-AV business with new Acquisition

   

The Irish Audio Visual Distributor, Fusion Technologies Ltd., has been acquired by EET Europarts.

       

Fusion Technologies Ltd. was founded in 2004, and has grown to become one of Ireland's leading Trade Only Distributors of Audio Visual products, working with a select group of leading AV manufacturers.
          
"Fusion Technologies has a very strong position in the Irish market, distributing quality products to professional AV customers. It is a perfect match for us to grow the Pro-AV & Digital Signage business area further," says Simon Smith, Managing Director at EET Europarts Ltd. "Also we are very pleased to announce that Managing Director, Damien Brennan, from Fusion Technologies Ltd., will take on the lead role as Managing Director at the newly established entity EET Europarts Ireland, and he will bring along a handful of highly skilled employees from Fusion Technologies as well."
        
Managing director at Fusion Technologies, Damien Brennan, is very pleased with the acquisition. "EET Europarts has been growing its Pro-AV & Digital Signage business strongly and very efficiently in recent years, and I look forward to become part of such a successful company. Also, I strongly believe that the impact of EET Europarts´ unique and effective distribution model, in combination with the products, know-how and competences we bring on from Fusion Technologies, will help grow the Pro-AV & Digital Signage business further."
        
More acquisitions in pipeline
EET Europarts is continuously on the lookout for companies that show interest in being acquired. Currently several companies are in the pipeline.
 
"Acquisitions are an important part of our growth strategy, and a contributing factor to our successful expansion in recent years. We have the experience and know-how to carry out integration of different organizations and human teams effectively and successfully, and always with the clear target of providing our customers with an even better product portfolio, and a stronger organization to support the customers in whatever needs they may have. We will continue our expansion strategy, and we keep our doors open to new companies who are interested in joining our group. Currently we are in contact with several potential candidates," says John Thomas, CEO at EET Group.
       
    
For further information please contact:
    
Simon Smith
Managing Director
Phone: +44 333 241 9251
e-mail: ssm@eeteuroparts.co.uk

EET Europarts Ltd
Anamax House
Oxford Road
Gerrards Cross
SL9 7BB, Buckinghamshire
United Kingdom
 
or
  
Damien Brennan
Managing Director
Phone: +353 1 861 2055
e-mail: dbr@eeteuroparts.ie
      
EET Europarts Ireland
Unit 15, Primeside Business Park
Ballycoolin
Dublin 15
Ireland
      
          
About Fusion Technologies
Fusion Technologies Limited was set up in 2004 and has grown to become one of Ireland's leading Trade Only Distributors of Audio Visual products. Working with a select group of leading AV manufacturers, the Company has built up a strong track record in providing technical support, competitive pricing and best in class customer service to a wide variety of resellers. Operating from a 400 square metre facility, just off the M50 Motorway, the Company offers a same day delivery service throughout Dublin and next business day delivery throughout the island of Ireland.
    
      
About EET Group
EET Group is Europe's leading distributor within: Server, Computer & Printer parts, Storage & Network, Mobile Parts & Accessories, Home Entertainment & Lifestyle Electronics, Surveillance & Security, Professional AV & Digital Signage, Point of Sale & Auto ID and Logistical Services.  
EET Group was founded in 1986, and is today represented with 34 sales offices in 27 countries across Europe and Africa under the commercial name EET Europarts.
EET Group represents a wide range of leading brands including: HP, Lexmark, IBM, Canon, Epson, Acer, Lenovo, Axis, Synology, Samsung, Ernitec, Sony, Milestone, Sling Media, B&O PLAY, MicroBattery, MicroMemory, MicroLamp, MicroStorage, MicroConnect, MicroScreen, Hitachi, Western Digital, eSTUFF, Clint, Podspeakers, Sandberg, Garmin, Kensington, Loewe and many more.
EET Group is situated in Birkerød just north of Copenhagen and is the parent company of all EET Europarts sales entities. As such, EET Group is the backbone of the organisation and provides all back office functions within: Corporate Management, Finance, Marketing, IT, WEB- and ERP-development, Logistics, Product Management and Procurement.
The group employs more than 500 employees, serves more than 44,000 dealers and handles more than 1,000,000 deliveries per year.
 
   


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