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

Privacy image

Frank Jennings

Two working parties, ministers galore... but data transfer law remains in limbo
EMC_Unity_bezel

Chris Evans

It does simplify the hardware setup, whatever it is
A microscopic view of the biometric shark skin. Pic: James Weaver

Chris Mellor

Do something and stop faffing about in the bush league

Kat Hall

International system in general needs greater transparency

Features

Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world
hacker
Mostly it's financial crime. Here's what all the cool kids' terms mean in English
Apple logo. Pic: Blake Patterson
Plenty of bumps in the 40-year road for Mac makers