Exertis announced that it has completed the acquisition of Azenn Holding DÃ©veloppement (âAzennâ) after receiving regulatory approval earlier this month.
Azenn is one of the main distributors of structured cabling solutions and network equipment on the French installation market. It also provides logistics, renovation and staging of network equipment services to some of the largest telecom operators in France.
Based in Montauban de Bretagne, Brittany, the company employs around 200 people at five sites across France, including a large distribution center in Satolas-et-Bonce, Lyon. Azenn achieved a turnover of 60 million euros during the last financial year.
Azenn is headed by Philippe Betherlot, President, who will remain with the company and continue to lead Azenn’s future growth. âThis acquisition is a great opportunity for Azenn, our employees and our customers. We really look forward to being part of the ever growing DCC Technology business, âsaid Betherlot.
The acquisition of Azenn will extend the service offerings of Expertis Connect, Exertis’ existing business activity in France. Exertis Connect, led by Eric Bousquet, will facilitate the expansion of Azenn’s cabling and network peripheral offerings to new customers.
The acquisition continues Expertis’ European expansion, following the acquisitions of Amacom, Comm-Tec and Keren over the past two years.
Clive Fitzharris, Managing Director of Expertis International, said: âAzenn fits perfectly with our existing business activities in France and will allow us to offer a wider range of network devices and cabling solutions to customers, to the inside and outside the building.
Tim Griffin, Managing Director of DCC Technology, said: âAs a company that we have admired for many years, we are delighted to add Azenn to the Exertis family. I look forward to working with Philippe and the Azenn team to drive the growth of the business and add even more value to our customer and supplier partners.