Midwich reports 21.6% revenue hike

AV distributor and document solutions provider Midwich published strong results for the 12 months ended 31st December, reporting revenues up by 21.6% to £573.7m. 

The company entered the Italian market with an 80% stake in Prase Engineering, and marched into Swiss territory with the acquisition of MobilePro AG.

Midwich MD Stephen Fenby said: "Our organic growth continued to be strong and we have successfully used targeted acquisitions to drive future growth.

“We continue to pursue acquisition opportunities that fit within our strategic focus of adding new product ranges, capabilities or geographies to our existing portfolio.”

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