Exertis has expand its European footprint with the acquisition of CapTech Distribution AB, Sweden's largest independent technology distribution business.
The transaction is expected to complete during September 2014.
CapTech has a particularly strong market position in IT hardware and AV systems. CapTech partners with technology manufacturers and brand owners including Acer, Asus, BenQ, Dell, Microsoft, NEC and Samsung and sells to a very broad range of etail, retail and reseller customers.
Niall Ennis, Exertis Group Managing Director, said today: "The acquisition of CapTech represents an excellent strategic fit and is another significant step forward for Exertis following the rebranding of the business last year."
Daniel Johnsson, CapTech Managing Director, commented: "We believe our partnership with Exertis will enable the next phase of growth for our business, including an expansion of the business in the wider Nordic/Scandinavian region."