The impact of the Asian economic crisis has forced the ACA Pacific Group and its Australian sister company, ACA Pacific, into a sudden marriage, com-pany officials admitted last week.
An ACA Pacific spokesperson said that the ACA Pacific Group intends to more aggressively target the Australian market in the hope of offsetting effects of the Asian economic downturn.
ACA Pacific Group, based in Singapore, is regarded as the largest computer equipment distributor in the Asia-Pacific region. Sydney-based ACA Pacific is a distributor of storage and document imaging solutions.
The merged entity is expected to now generate an estimated $200 million in annual turnover. ACA Pacific will be folded into the ACA Pacific Group as a wholly-owned subsidiary including its technical services subsidiary, Professional Service Integrators (PSI).
The two companies share the same founder in Franklin Weinstein, current director of the ACA Pacific group, but have until now operated as separate business entities.
Staff from ACA Pacific will be 100 per cent absorbed into the group and represent ACA Pacific Group in Australia.
ACA Pacific's reseller partners in Australia will not be disadvantaged by the merger, officials said.