Tag: nimans

Midwich’s Nimans and DVS buy caused huge revenue growth

Posted on July 21, 2022 by - News

After its acquisition of Nimans and DVS this year, distie Midwich saw its revenues in the UK and Ireland grew by 85 percent year on year during the six months until 30 June.

Midwich snapped up Nimans for £27.5 million in February this year. The distributor turned over £114.3 million in revenues and pre-tax profits of £5.8 million for calendar 2020.

The group’s organic revenue grew 27 percent year on year, which the company attributes to acquiring Nimans and DVS.

The overall gross margin was stated to be approximately 15 percent, which Midwich says is largely equivalent to H1 2021. The group’s board expects stronger gross margins to be in sight for H2 as more live and face-to-face events return in a number of the markets Midwich services.  

Midwich snaps up Nimans for £27.5 million.

Posted on February 9, 2022 by - News

Midwich has written a cheque for distributor Nimans along with other subsidiaries from Nycomm Holdings Limited for £27.5 million.

For those not in the know, Manchester-based, Nimans distributes telephony hardware as well as solutions such as unified communications, VOIP, security and networking, and partners with a wide range of vendors including BT, Microsoft, NETGEAR and Yealink.

Apparently, the deal does not include  Avoira, a £21.5 million revenue comms partner which was formed through the fusion of four resellers in 2019. However, Niman’s makes most of Nycomm Group’s cash. The distributor generated consolidated revenues of £114.3m and pre-tax profits of £5.8 million for the year ending 31 December 2020 while currently trading with over 2,500 telephony, IT and retail customers and employing over 200 staff.

Samsung down to one UC distributor

Posted on November 10, 2017 by - News

samsung-hqSamsung unified communications (UC) is down to one UK distributor now that it has decided not to use Exertis.

Exertis will still be distributing Samsung’s UC equipment until 22 December but after that it looks like Nimans will become the exclusive distributor of Samsung’s UC offering.

It is a slap in the face with a wet fish for Exertis which had been trying to snuggle up closer with Samsung by acquiring Essex-based 60 man mobile phone and tablet refurbishment outfit MTR.

MTR had a tight partnership with Samsung and Exertis hoped the deal would enable the distributor to “deepen its entanglement” with what is one of its key vendors.

It is not clear what Exertis did to miff Samsung, it might have just passed the port the wrong way at dinner. However Nimans was named best partner (UK) in the 2017 Samsung Enterprise Best Partner Awards which culminated in a global conference at the communication giant’s South Korean headquarters.

It might just have been that sole distributorship was an award for good behaviour.

Nimans said that it had a direct working relationship with Samsung in Korea and the awards were a chance to forge closer working relationships.