Midwich Group to acquire prodyTel Distribution for £19m.

Midwich Group, a global specialist audio visual distributorm, agreed to acquire prodyTel Distribution, a distributor of professional audio and technical solutions products based near Nuremberg, Germany, for £19m. "We are delighted to have reached an agreement to acquire prodyTel, which will strengthen our technology offering in the DACH region. prodyTel has a strong reputation in the market which has enabled it to attract top tier brands. Customers greatly value the expertise the Company is able to offer, and will now be able to benefit from the combined portfolio of prodyTel and Kern & Stelly. We look forward to working with Christian and his team to build on the success the business has experienced in recent years," Stephen Fenby, Midwich Group Managing Director.