Dublin, 12 November 2019
DCC Technology1, a leading route-to-market and supply chain partner for global technology brands across consumer, business and enterprise, today announced the acquisition of Kerèn B.V., a specialist, value-add, Pro AV distributor. Based in Almere in the Netherlands, the company achieved revenues of €16 million in its last financial year, employing 12 people. Kerèn B.V. sells to Pro AV system integrators and resellers, providing pre- and post-sales project support with solutions from key vendors that include Philips, LG, Casio, BenQ, Canon, Panasonic, AOPEN, Neets, WyreStorm, Bose and Legrand.
Gerry O’Keeffe, Exertis International, managing director, said, “This is a strategic acquisition in the Netherlands of a respected Pro AV distributor that demonstrates our commitment to becoming the leading Pro AV/UC distributor, globally, both through key acquisitions and organic growth. We are building expertise and a compelling proposition that resonates with our vendors and our customers to take advantage of a growing market which requires a distributor that can provide a complete solution across AV, UC and networking.”
Eric Bousquet, Exertis Western Europe, managing director, added, “This acquisition represents a great opportunity for both companies’ customers adding the UC and collaboration offering from Exertis Go Connect to the Pro AV proposition from Kerèn. AV, UC and networking have collectively changed the dynamic in the workplace through their convergence and all three are key components of today’s modern office and remote working. Our resellers in the Netherlands will be able to offer a complete solution for both their enterprise and SME customers.”
Marten van der Weerd, Kerèn BV, CEO, said “This is a great opportunity for the business and our employees to be part of a strong and growing company that is rapidly expanding its presence across the globe and its pedigree in the Pro Av and collaboration market. We are looking forward to working with our new colleagues at Exertis Go Connect and taking advantage of the benefits that scale can bring to an organisation.”
About DCC plc
DCC is a leading international sales, marketing and support services group with a clear focus on performance and growth. It operates through four divisions: LPG, Retail & Oil, Healthcare and Technology. DCC is an ambitious and entrepreneurial business operating in 17 countries, supplying products and services used by millions of people every day throughout Europe, North America and Asia. Building strong routes to market, driving for results, focusing on cash conversion and generating superior sustainable returns on capital employed enable the Group to reinvest in its business, creating value for its stakeholders. Headquartered in Dublin, employing approximately 12,500 people.
DCC’s four divisions are:
• DCC LPG - a leading LPG sales and marketing business with operations in Europe, the US and Asia and a developing business in the retailing of natural gas and electricity;
• DCC Retail & Oil - a leader in the sales, marketing and retailing of transport fuels and commercial fuels, heating oils and related products and services in Europe;
• DCC Technology1 - is a leading route-to-market and supply chain partner for global technology brands and customers; and
• DCC Healthcare - a leading healthcare business, providing products and services to healthcare providers and health and beauty brand owners.
DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100. In its financial year ended 31 March 2019, DCC generated revenue of £15.2 billion and operating profit of £460 million. DCC has an excellent record, delivering compound annual growth of 14% in operating profit and generating an average return on capital employed of approximately 19% over 25 years as a public company.
About Exertis Group
Exertis is the leading technology distributor of consumer, business and enterprise products from established and emerging technology brands, and a wholly owned subsidiary of parent company DCC PLC, a FTSE 100 company. After 37 years of profitability Exertis continues to outperform the market, achieving revenues of £3.631billion in FY2019.
Exertis represents 1,400 global and emerging brands selling to more than 50,000 reseller and retailer customers focused on consumer, mobile, business, enterprise and IT Supplies. It also provides an industry leading and innovative range of services and value-added solutions. With offices in Europe, North America, Middle East and China and with global reach via its supply chain services, Exertis employs 4,100 people in 21 countries.
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