Parcom to acquire a majority stake in Elektramat.

Parcom, a Dutch investment company, to acquire a majority stake in Elektramat, an electronics wholesaler. Financial terms were not disclosed. “The long-term roadmap of Elektramat is focused on further growing Belgium and initiating growth into Germany and other European countries. In order for the company to be well prepared for the future and to ensure the right choices are made with respect to the international expansion, we have made the decision to partner with Parcom. From day one the conversations have been open, honest, constructive and pleasant, as well as with significant entrepreneurial vision. We are therefore very pleased with our new partner and look forward to expanding our business internationally together,” Mike van Klaveren, Elektramat CEO.