Category Archives: Acquisition
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Brightstar Europe finalises acquisition of AKL Telecommunications GmbH
Completion of agreement extends Brightstar Europe’s presence to Austria as part of continuing pan-European growth strategy.
Brightstar Europe, a joint venture between Brightstar Corp. and Tech Data Corporation has announced the completion of its acquisition of AKL Telecommunications GmbH. The news follows hard on the heels of the company’s announcement earlier this month that it had entered into an agreement to acquire Benelux mobility specialist, Mobile Communication Company (MCC) subject to approval of the EU regulatory authorities. It is a further illustration of Brightstar Europe’s growth strategy to acquire businesses in areas of the continent where it can strengthen its geographic presence, vendor portfolio and customer reach.
05
Brightstar Europe to establish strong presence in The Netherlands and Belgium through agreement to acquire Mobile Communication Company
Brightstar Europe, a joint venture between Brightstar Corp. and Tech Data Corporation (NASDAQ GS: TECD) today announced an agreement to acquire 100% of the shares of Mobile Communication Company (MCC) in the Netherlands and Belgium. The acquisition is subject to approval of the EU regulatory authorities and is expected to be completed in the third quarter of 2010. The proposed transaction with MCC, currently part of Triade Group in The Netherlands, forms part of a separate intended acquisition by Tech Data Corporation of Triade Group, which includes several Triade subsidiaries in the Information Technology (IT) and Consumer Electronics distribution markets.
04
Tech Data Corporation Announces Agreement to Acquire Netherlands-Based Triade Holding
Triade Holding Acquisition Marks Significant Step Forward in Diversification Strategy
Computer 2000 parent company, Tech Data Corporation, has entered into an agreement to acquire the stock of Triade Holding, a privately-held portfolio of value added distributors of consumer electronics, mobility and information technology products in Benelux and Denmark. In a related transaction, Brightstar Europe, a joint venture between Brightstar Corporation and Tech Data, has announced an agreement to acquire Triade company, Mobile Communication Company (MCC), a mobility specialist in Benelux. The transactions are subject to EU regulatory approval and are expected to be completed during the third quarter of fiscal 2011.
