Data communications distributor Anixter Australia is expanding its presence in the Australian market through the acquisition of all outstanding shares of allNET Technologies, for an undisclosed amount.
Wayne Bogart, managing director of Anixter Australia, said he believed the acquisition would allow it to better service customers throughout Australia, because of the expanded depth of the combined sales organisations.
"Following the recent sale of our integration business units throughout the Asia-Pacific, we believe this transaction confirms our commitment to the region."
The distributor will now have more than 70 staff in five locations around Australia, with allNET's staff integrated into Anixter. Both Anixter and allNET will continue to service existing relationships, to make the transition as seamless as possible for customers.