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Announced

WE.CONNECT to acquire DYADEM, OCTANT and SHAM.

Synopsis

WE.CONNECT, a provider of high-tech accessories for computing, mobile, sound, and the distribution of computer and peripheral products, agreed to acquire providers of printing systems, consumables and data backup DYADEM, OCTANT and SHAM. Financial terms were not disclosed. "We are very pleased to welcome the DYADEM, OCTANT and SHAM teams to our group. This structuring acquisition, which is fully integrated with the Group's strategy as a multi-brand specialized distributor, presents commercial synergies that bring profitable growth. It corresponds to the association of two complementary players, who, through the richness of their catalog and their customer base, will benefit from the enormous potential offered by the growing high-tech equipment market," Moshey Gorsd, WE.CONNECT Chairman and CEO.

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