Announced
Completed
Synopsis
CMS Distribution, a value-added IT distributor of business and consumer technology products, completed the acquisition of Avesta, a consumer electronics and accessories distributor. Financial terms were not disclosed. “We are excited to be part of a large global distribution business and CMS has certainly demonstrated their growth plans in recent years. It will be great to be able to leverage their systems, resources and some of their Vendor partners going forward, so we can embark on this journey of growth together,” Jeanluc Delaunay, Avesta Managing Director.
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