October 20, 2019

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ELKO Group sales climb 11% in 2018

Emerging markets distributor ELKO Group achieved annual sales of US$1.768 billion in 2018 – up 11% year-on-year. The company attributed the growth to expansion in new markets, broadening of its product range and a successful operating strategy in existing markets. Gross profits climbed 6% to US$83m. Net profits fell 32% to US$9.4m, representing a net margin of 0.55%. Read full story

by Stuart Wilson, Tuesday 28 May 2019

Logicalis UK appoints Louth as managing director

Logicalis UK, the IT solutions and managed services provider, has announced the appointment of Alex Louth as managing director. Alex joins the business to lead the redefinition of the company’s customer focus and value proposition as the market shifts to the emerging opportunities made possible by digital platforms, data-driven business and IoT. Read full story

by Stuart Wilson, Tuesday 28 May 2019

Ingram Micro acquires Abbakan

Ingram Micro has entered into a definitive agreement to acquire French cybersecurity VAD Abbakan, as part of the expansion of its cybersecurity business in Europe, Middle East, and Africa (EMEA). The acquisition of Abbakan expands Ingram Micro’s network of system integrators and telecommunications companies across France. Sophie Deleval, chief executive for Ingram Micro France, said: "This acquisition cements the transformation we initiated two years ago to strengthen our ability to support our partners in developing their business and stay relevant and sustainable.” Read full story

by Stuart Wilson, Tuesday 28 May 2019

Exertis to buy Amacom

DCC Technology has announced that it will acquire Amacom, a leading supplier of consumer electronics and small domestic appliances to retail, etail and B2B resellers, subject to approval from the relevant competition authorities. Located in Den Bosch, in the south of the Netherlands, Amacom employs around eighty staff with revenues of €160m (US$179m) in the last financial year. Amacom will become part of Exertis, which is a wholly-owned subsidiary of DCC. Read full story

by Stuart Wilson, Friday 24 May 2019

RP tech gets Colorful in India

Distributor RP tech India has added components brand Colorful to its portfolio. RP tech has signed an exclusive distribution deal with Colorful and will offer the vendor’s graphics cards to its extensive channel customer base. Headquartered in China, Colorful is a leading manufacturer of graphics cards, motherboards and high-performance storage solutions. Read full story

by Stuart Wilson, Tuesday 21 May 2019

DISTREE APAC 2019 Early Bird offer launched

DISTREE Events has announced a range of benefits as part of its Early Bird offer for exhibitors participating at DISTREE Asia-Pacific (APAC) 2019 – the region’s leading premium hosted buyer event for consumer tech, consumer electronics and IT channels. The 6th annual DISTREE APAC will take place in Singapore from 6th to 8th November 2019. The Early Bird offer includes US$1000 worth of exhibitor benefits. Read full story

by Stuart Wilson, Tuesday 14 May 2019

Riversong expands channel reach into North Africa

Fast-growing consumer technology brand Riversong has struck a distribution deal with Egypt-based General Commerce Company (GCC) to expand its channel reach into North Africa. Sameh Halaka, CEO at GCC, said: “GCC is keen to build a strong partner relationship with Riversong in order to bring the right product to the right place at the right time.” Read full story

by Stuart Wilson, Monday 13 May 2019

Badgy to participate at DISTREE Russia 2019

Plastic card printer brand Badgy, part of the Evolis Group, will participate at DISTREE Russia 2019, which takes place in Moscow from May 29-31st. DISTREE Russia provides exhibitors with a unique opportunity to pre-schedule one-on-one meetings with senior executives from Russia’s top business-to-business and business-to-consumer channel partners in one place at one time. Channel EMEA, an official Media Partner for DISTREE Russia 2019, caught up with Olivier Chevance, EMEA key account manager at Evolis, to learn more about the brand’s Russian channel plans. Read full story

by Stuart Wilson, Wednesday 8 May 2019

Vitagliano appointed CEO of GTDC

The Global Technology Distribution Council (GTDC) has announced Frank Vitagliano as its next CEO. He becomes the organisation’s third CEO since its founding in 1998, replacing distribution luminary Tim Curran, who retired earlier this year after 16 years in the position. Alain Monié, GTDC chairman and CEO of global distributor Ingram Micro, said: “Frank is an ideal choice for this dynamic industry role. He brings a wealth of related experience from the entire ecosystem, including partnering with top technology distributors, OEM’s and solution providers.” Read full story

by Stuart Wilson, Wednesday 8 May 2019

VinSmart to acquire 60% of Archos

Vietnamese conglomerate Vingroup has announced that it has struck a deal to acquire a 60% stake in French consumer electronics brand Archos. Through its subsidiary VinSmart, Vingroup will initially take a 29.5% stake in Archos with an agreement in place to increase its ownership up to 60%. The companies plan to collaborate on the production and distribution of consumer electronics products. Vingroup is listed on the Ho Chi Minh stock exchange with a market capitalisation of nearly US$16 billion. Read full story

by Stuart Wilson, Wednesday 8 May 2019

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