4 CDW

Key points

4 CDW

Revenue: £881.1m (+22%)

Net profit margin: 5.5% Staff: 1,250

The world's largest reseller will follow up its 2015 purchase of UK outfit Kelway by acquiring a top 10 European reseller, Canalys boss Steve Brazier predicted at October's Canalys EMEA Channels Forum.

CDW's UK arm continues to close in on £1bn revenues, with market share gains and a focus on client device refresh helping to propel revenues 22 per cent to £881.1m in its year to 31 December 2018.

With global revenues of over $16bn and nearly 10,000 staff, Illinois-based CDW's market value recently topped $19bn, putting it on a par with that of key vendor partner HPE.

In a recent update, CDW CEO Christine Leahy said the UK recorded mid-single-digit growth in constant currency in its Q3 ended 30 September 2019, adding that its recently established presence in the Netherlands could serve as a "Brexit contingency plan".