EET Europarts Buys Avantis


EET Europarts announces the acquisition of Avantis Distribution, a Scandinavian distributor with expertise in network and network security. Financial details of the deal are not available.

AvantisFounded in 2010, Avantis has its head office in Oslo, Norway, and is represted with local sales entities in Sweden and Denmark. It is specialised in advanced wireless technology and solutions for network infrastructure security, and brings more brands and competences to the EET Europarts portfolio.

Avantis employees will become part of the local EET Europarts sales entities in Norway, Sweden and Denmark.

"Our business strategy is ambitious and targeted, and we want to grow our business areas organically as well as through acquisitions," EET Europarts says. "The Avantis acquisition is our 7th acquisition this year and, as stated before, we are continuously on the lookout for companies that show interest in being acquired."

Go EET Europarts Acquires Scandinavian Network Distributor