Distributor Brightstar has shed more light on its European expansion plans as it eyes two firms as potential acquisition targets.
The company last week announced it had completed the acquisition of UK-based buy-back and trade business Mobile Phone Xchange, but is on the hunt for more opportunities.
Speaking to mobile industry website Mobile News, the firm's chief executive Marcelo Claure mentioned UK-based distributors 20:20 Mobile and Data Select as potential targets.
The firm has been on an aggressive expansion drive since it sold its 50 per cent share of Brightstar Europe to Tech Data (now Tech Data Mobility) in July for $165m (£102m) and is keen to establish a strong UK presence once more, according to reports.
Brightstar Europe was originally formed in 2007 as a joint venture between Brightstar and Tech Data, providing distribution and supply chain solutions to the mobility industry.
Infrastructure provider says international sales now make up 51 per cent of its revenue
Suzanne Chappell of TMS plans sailing venture after selling Oxfordshire-based TMS to acquisitive Chess
Withdrawal of credit insurance by some providers a 'reflection' of current challenge facing IT sector, according to MD Steve Soper
SMART's UK managing director joins Lenovo to boost SMB business