The Channel logo

News

By | Team Register 31st August 2006 11:05

Simms makes its first acquisition

Well that's just bonza matey

Memory distributor Simms International has bought a rival in Australia in its first acquisition since forming in 1990.

The firm issued a statement about its purchase of K H Distribution Pty Ltd, an Australian memory distributor, but failed to mention how much it cost. It did say, however, that its Aussie operations, combined with the new bit, would have 50 people turning in sales of A$80m (£32m).

Simms founder Andrew Henderson brokered the deal, which he said was a year in the making.

And the company seems to have acquired a taste for it: "Simms are looking at a number of opportunities in the UK and Europe."

Simms mostly distributes memory by Kingston Technology, but also does flash by FujiFilm, Olympus and Lexar.

Simms also distributes Crumpler bags, a range of high quality specialist IT and outdoor bags. ®

alert Send corrections

Opinion

Houses of Parliament in night-time

Andrew Orlowski

Come on everybody, let's upload all our stuff into Government by Cloud
Joe Tucci EMC
frustration_anger_irritation_annoyance pain

Felipe Costa

Pressure to perform for stock market bearing down on disties

Features

Alistair Darling and Alex Salmond debate Scottish independence
You keep the call centres, Hamish, we'll take the banks
Internet of Things
Everyone loves those Things, just not on each others' terms
No email? No CRM? No Daily Mail iPad edition? You need a plan
Sinofsky's hybrid strategy looks dafter than ever