Exertis has written a cheque for the Almo Corporation in a move it touts as “the biggest yet” in the history of parent company DCC.
The distributor’s move extends its presence in the Pro AV sector and ramps up its expansion across the pond.
DCC Technology & Exertis MD, Tim Griffin said the acquisition of Almo Corporation is the largest in DCC’s history and signals his outfit’s confident and ambitious intent to expand DCC Technology.
“By integrating Almo with our North American Business, we will form the largest specialist Pro AV business in North America. Almo’s 75-year history of growth and success, combined with its longstanding relationships with industry partners and its ability to continually innovate and expand will be great assets to Exertis.”
Almo brings a 660-strong headcount, nine distribution centres and more than 2.5 million square feet of warehousing space across North America.
Exertis claims its expanded North American operation becomes a $2.4 billion business overseen by Martin Szpiro, MD of Exertis North America. It forms part of the international expansion strategy of Exertis International, under Managing Director Clive Fitzharris.
