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Announced

Completed

EET completed the acquisition of CCTV Center and Avant Video.

Synopsis

EET, a distributor of video surveillance products, spare parts, and accessories, completed the acquisition of CCTV Center, a company providing surveillance and security distribution, and Avant Video, a wholly owned subsidiary of CCTV Center. Financial terms were not disclosed. “For EET, this is a significant and exciting step forward to further strengthen and further accelerate growth in the Surveillance and Security business. Alberto has built a solid surveillance business with tremendous operational discipline. CCTV has grown to become one of the largest Surveillance distributors in Spain with reputation for its excellent service and end to end solution. We are thrilled to welcome Alberto and his team," Sonia Marcos, EET Managing Director.

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