CMS Distribution Ltd, a London, UK-based value-added distributor, acquired Avesta, a French distributor distributor of hardware technologies specialising in mobile solutions and high-tech products based in the outskirts of Paris.
This acquisition further strengthens CMS Distribution’s position as one of Europe’s leading IT specialist distributors.
Following the deal, CMS Distribution will now employ over 400 people across the group with a strong foothold in Europe covering the UK, Ireland, France, Benelux and Scandinavia, in addition to its locations in China and USA, which was established in 2018.
CMS Distribution will continue to run the business under Avesta’s brand for the foreseeable future. Avesta’s leadership and management team will remain, focusing on the growth of the business throughout Europe.
Founded in 2001 and led by Jeanluc Delaunay, Directeur Général, Avesta is a consumer electronics and accessories distributor specializing in the distribution of GPS navigation and high-tech automotive products within the new worlds of sport, well-being, connected entertainment and home automation.
Based in the out-skirts of Paris, France, the company employs 32 people.
Led by Founder and CEO Frank Salmon, CMS Distribution is an IT distributor of business and consumer technology products for 150+ manufacturers selling to corporate resellers, managed service providers, high street and online retailers. With 2018 sales revenue of £434m, CMS employs 400 people in twelve locations in the UK, Ireland, Netherlands, Sweden, Spain, France, Australia, China and the US.