PC and printer parts specialist EET Europarts is looking to beef up its service offerings to its growing market following the partial acquisition of a UK-based competitor.
The firm acquired a majority stake in UK-based distribution and logistics service provider EAF Supply Chain, which has operated in the market for more than 20 years and has over 80 employees across three sites in Warrington, Wokingham and Nottingham.
Financial details of the transaction were not revealed.
EET Europarts has more than 40,000 customers across 31 sales offices in 26 countries in EMEA, working with manufacturers such as HP, Lexmark, IBM, Epson, Lenovo, Acer and Sony.
John Thomas, group chief executive of EET Group, said: “We are very proud of this investment in EAF Supply Chain, which adds a new range of services to EET Europarts, especially targeting the European service and maintenance companies.
“EAF Supply Chain has for many years been working very closely with some of the largest European service and maintenance companies, but also some of the largest computer and printer vendors. It has a very powerful capability of inventory planning and positioning, enabling its customers to meet tight service-level agreements to some of the largest corporations in Europe.”
He added: “This proposition requires a very broad range of products both in central stock but also forward stock locations spread around in Europe, which ensures that the customer can access critical spare parts and options within two hours. We are not aware of any other players in Europe who can match that kind of service level.”
Rob Hall, managing director of EAF Supply Chain, said the deal made sense.
“We are very excited about this opportunity. By using EET Europarts' pan-European footprint we are able to serve our demanding customers throughout Europe, close to our customers and with an increased number of forward stock location," he explained.
“By joining forces with EET Europarts and their strong financial and administrative infrastructure, we can now introduce some new and innovative services for the sector."
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