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Announced

Apogee to acquire Direct-Tec Group.

Synopsis

Apogee, a company that distributes office equipment and software for businesses, agreed to acquire Direct-Tec Group, an independent provider of print, document, IT and photocopy solutions. Financial terms were not disclosed. “This acquisition for Apogee helps strengthen our position as the leading multi-brand provider of Managed Workplace Services in the UK as we continue to drive growth in the European market. Apogee is dedicated to providing its clients with the right solutions to their workforce, at home, in the office and on the go. Direct-Tec’s reputation will enhance Apogee’s coverage and capacity to support its clients throughout the UK. This acquisition forms part of our ongoing growth strategy as we aim to create the perfect combination of secure and flexible solutions for our clients’ hybrid workforce," Aurelio Maruggi, Apogee CEO.

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