Datatec subsidiary Westcon has agreed to acquire entrada Kommunikations, a German value added distributor of IT security products and provider of sales support and training services.
The consideration has not been disclosed and will be settled entirely in cash from Westcon's resources. The transaction is still subject to cartel clearance.
This acquisition enhances Westcon's German presence and, with entrada's Swiss operations, allows Westcon to expand into a new geography to better service its pan-European customers' needs.
Founded in 1996, entrada is the second-largest value added distributor of security products in Germany – with a portfolio of solutions that includes Trend Micro, McAfee, Juniper and Riverbed. Since its founding, entrada has grown to achieve annualised revenues of over €63 million. It will now form part of Westcon's European Security operations.
Jens Montanana, Datatec's chief executive, comments: "The acquisition of the second largest security distributor in Germany allows Westcon to significantly penetrate Europe's biggest economy and gives its European Security division a wider geographic footprint to better service its customers' requirements.
"entrada's complementary vendor portfolio further strengthens Westcon's security offering in Europe, bringing significant possibilities for cross selling into both customer bases."