Exertis has completed the acquisition of Azenn Holding Développement (‘Azenn’), a leading distributor of structured cabling solutions and network devices to the French installation market.
Headquartered in Montauban de Bretagne, Brittany, the business employs approximately 200 people across five locations throughout France, including a large distribution centre in Satolaset-Bonce, Lyon. Azenn also provides logistics, refurbishment and staging services for network devices to some of the largest Telecoms operators in France and delivered revenues of €60 million in the last financial year.
Azenn is led by Philippe Betherlot, President, who will remain with the business and continue to drive its future growth. He said: “This acquisition is a great opportunity for Azenn, our people and our customers. We’re really looking forward to being part of the ever-expanding DCC Technology business.”
This acquisition continues the European expansion of Exertis, following the acquisitions of Amacom, Comm-Tec and Keren in the last two years. Clive Fitzharris, Managing Director, Exertis International, said: “Azenn is a great fit with our existing commercial business in France and will allow us to offer a broader range of network devices and cabling solutions to customers, both inside and outside the building.”