Westcoast has acquired IT components distributor Spire Technology Ltd. The deal for 100% of the share capital has been completed and Spire Technology will form part of the Westcoast Group working alongside Westcoast Ltd – the UK’s largest IT distributor.
Alex Tatham, Executive Director at Westcoast said: “There are so many benefits to the combination of Spire and Westcoast for both companies, vendors, UK resellers and employees. Firstly, it will add significantly to Westcoast’s components portfolio hence Spire will become the group’s main components pillar – with full access to all the customers, finance and tools that make Westcoast such a strong distributor in the UK and Europe.
“Both businesses emphasise their agility and flexibility when it comes to speed of decision- making and performance as well as a strong customer intimacy. This cultural fit will help realise immediate mutual opportunities.”
John Appleton, Spire CEO added: “Westcoast can only help grow our business and in return we can bring a range of accretive components vendors to Westcoast’s significant and diverse customer base. We are delighted that we can form part of Britain’s largest privately owned technology group and can use its considerable resources to accelerate our growth.”
