Published on January 18th, 2019 | by The GC Team0
Midwich acquires Swiss AV distributor
AV distributor Midwich has acquired 100% of the share capital of Swiss value-added distributor of audio visual products MobilePro AG from Omega Handelsgesellschaft m.b.h, a leading IT/AV distributor with headquarters in Vienna, Austria.
The purchase will be carried out through the Group’s German subsidiary Kern & Stelly GmbH.
Zurich-based MobilePro is a market leading AV distributor to the Swiss trade market with an estimated 2018 turnover in excess of 25 million CHF.
The company provides a comprehensive product offering across projection, LED panel and interactive technologies, and has a particular strength in the large format display and technical solutions technology markets. It works with key AV vendors such as Samsung, NEC, Barco, Legrand AV and SMART.
The acquisition of MobilePro marks Midwich’s entry into the Swiss market.
Stephen Fenby, Managing Director of the Midwich Group, said: “The addition of MobilePro to Midwich’s portfolio broadens our geographical coverage, with the Group now operating in territories which account for approximately 75% of the European AV market.
“I would like to welcome the MobilePro team into the Group, and we look forward to working with them to grow this exciting market.”