Cellnet heads into SA with HiTech acquisition

 

Cellnet Group has broadened its product and geographic spread through the acquisition of South Australian distributor HiTech Distribution, for an undisclosed sum.

Cellnet Group has broadened its product and geographic spread through the acquisition of South Australian distributor HiTech Distribution, for an undisclosed sum.

In an ASX statement Cellnet MD Adam Davenport (pictured) said the acquisition provided a strategic expansion of both Cellnet’s national footprint and IT market presence.

“South Australia is a similar market to Queensland as it features a large regional area with a lot of small to medium sized clients. The acquisition allows us to significantly grow our volumes there," he said.

Rumours of the acquisition have been floating about the channel for the past week.

CRN spoke exclusively to Vince Mazzio, operations manager at HiTech earlier this week.

While he was tight lipped about HiTech selling up, he did confirm that a cultural fit was a necessary prerequisite for any sale of the business.

There are few distributors in South Australia, and its warehouse and service centre made HiTech a very attractive buy for a larger organisation, Mazzio said.

“It’s a tough industry and anyone that buys us needs to try and keep our company culture. I don’t think we would survive if we don’t retain our approach to customer service. We certainly do things differently then the Eastern states,” he said.

HiTech has been distributing software, hardware, peripherals and services to SA and Victorian resellers for the past 14 years.

Its product portfolio includes brands like Acer, Belkin, Epson, Lexmark, Microsoft, MYOB, NEC, Samsung and Symantec.



Cellnet heads into SA with HiTech acquisition
 
 
 
Top Stories
Matching databases to Linux distros
Reviewed: OS-repository DBMSs, MariaDB vs MySQL.
 
Coalition's NBN cost-benefit study finds in favour of MTM
FTTP costs too much, would take too long.
 
Who'd have picked a BlackBerry for the Internet of Things?
[Blog] BlackBerry has a more secure future in the physical world.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Which is the most prevalent cyber attack method your organisation faces?




   |   View results
Phishing and social engineering
  71%
 
Advanced persistent threats
  3%
 
Unpatched or unsupported software vulnerabilities
  11%
 
Denial of service attacks
  6%
 
Insider threats
  10%
TOTAL VOTES: 765

Vote