Tech Data snaps up ETC parent company

Tech Data snaps up ETC parent company
Tech Data has agreed to buy SDG, the distribution arm of SCH, which owns operations including ETC in France and the Netherlands, and
SDG, IQ Sys and ISI Distribution in the UK.

The move, expected to be completed in Q4 of 2012, is worth
around €277m. SDG, combined with its integration business has am annual turn
over of around £2.75bn.
Tech Data said the acquisition strengthens its enterprise business
Azlan, and will add more than 600 experienced individuals with "domain knowledge in
specific product, customer and operational disciplines".
Robert Dutkowsky, chief executive of Tech
Data, said: "This transaction demonstrates Tech Data’s strong commitment to our diversification strategy
and further expands our enterprise offerings in Europe.
"It adds both breadth and
depth to our product and customer portfolios, and creates a comprehensive enterprise
solution stack in networking and communications, server and storage and enterprise software across a broader pan-European footprint."