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Exertis Acquires Almo Corp. to Expand Pro AV Capabilities.

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Vincent

MANews-(C)2009-2021

US sales, marketing and support services provider Exertis, trading as DCC pls, has acquired Philadelphia-based distribution company Almo Corp.in to expand global Pro AV technology distribution footprint and accelerate North American expansion plans, the company said.

Terms of the transaction were not disclosed.

The acquisition is the biggest in the history of parent company DCC plc.

The move signals a move for Exertis to its international scale in the Pro AV sector and ramping up its expansion in the North American market.

The addition of Almo Corp. builds on other acquisitions in North America such as Stampede, Jam Industries, The Music People and JB and A, adding depth to its consumer portfolio.

Almo Corp. will benefit from leveraging Exertis' financial resources and supply-chain logistics, delivering to its vendors and partners a host of improved business opportunities, efficiencies and potential for profit.

The acquisition will...

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