DCC Technology, which trades as Exertis and is one of the world’s leading technology distribution and services businesses, has announced its acquisition of Almo Corporation in North America. The acquisition is the biggest yet in the history of parent company DCC plc.
The move signals an ambitious strategy for Exertis, extending its international scale in the Pro AV sector and ramping up its expansion in the North American market. The addition of Almo Corporation builds on other acquisitions in North America such as Stampede, Jam Industries, The Music People and JB&A, adding depth to its consumer portfolio. It expands Exertis’ Pro AV capability to form the largest specialist Pro AV business in North America.
Alongside its Pro AV business, Almo Corporation is the largest distributor of mainstream appliances, delivering a comprehensive portfolio of products including full kitchen packages with essential appliances to small and medium-sized retailers throughout the U.S. In addition, it is the leading distributor of premium appliances, serving retailers and builders designing luxury residential installations for refrigeration, ventilation and cooking in both indoor and outdoor settings. Almo’s thriving business in consumer appliances and lifestyle products will add scale to Exertis North America’s business in the consumer channel.