Exertis announces acquisition of Azenn

Exertis has announced it has now completed the acquisition of Azenn Holding Développement (‘Azenn’) after receiving regulatory approval earlier this month

Azenn is a leading distributor of structured cabling solutions and network devices to the French installation market. It also provides logistics, refurbishment and staging services for network devices to some of the largest Telecoms operators in France.

Headquartered in Montauban de Bretagne, Brittany, the business employs approximately 200 people across five locations throughout France, including a large distribution centre in Satolas-et-Bonce, Lyon. Azenn delivered revenues of €60m in the last financial year.

Azenn is led by Philippe Betherlot, president, who will remain with the business and continue to drive Azenn’s future growth. Philippe Betherlot, says, “This acquisition is a great opportunity for Azenn, our people and our customers. We’re really looking forward to being part of the ever-expanding DCC Technology business.”

The acquisition of Azenn will complement, enhance and extend the service offerings of Exertis Connect, Exertis’ existing commercial business in France. Exertis Connect, led by Eric Bousquet, will facilitate the expansion of Azenn’s cabling and network device offerings to new customers.

This acquisition continues the European expansion of Exertis, following the acquisitions of Amacom, Comm-Tec and Keren in the last two years. Clive Fitzharris, MD, Exertis International, says: “Azenn is a great fit with our existing commercial business in France and will allow us to offer a broader range of network devices and cabling solutions to customers, both inside and outside the building.”

Tim Griffin, MD of DCC Technology, says: “As a company that we have admired for a number of years, we are delighted to add Azenn to the Exertis family. I look forward to working with Philippe and the Azenn team to drive further growth in the business and add even more value to our customer and vendor partners.”