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Exertis UK’s drastic restructuring follows several years of weak financial performance, with the business having failed to generate sustainable profits and remaining cash-flow negative before its acquisition from DCC by Aurelius, according to industry sources familiar with the situation. The…
Exertis UK has confirmed proposals to slash its workforce, just weeks after the business was sold to German private equity firm Aurelius. The UK technology distributor has informed staff of plans that could reduce headcount from approximately 1,200 employees to around 130, subject…
Exertis IT has been sold by DCC Tecnology to private equity firm AURELIUS, pending regulatory approval.
Exertis IT has bought Apple Authorised Service Provider Group 8 to expand its presence in the circular economy. Ironically, Exertis itself is seeking a buyer as parent company DCC plans to concentrate on the energy sector Group 8 has been in business for more than 20 years and provides specialist Apple support and repair services across
At the end of a week when it was announced Exertis owner DCC Group is selling the distributor to focus on its energy business, UK CEO Tim Griffin is upbeat and positive about the news. “It’s not a drama from my point of view. I see it as a big opportunity to have an owner
DCC plc, the parent company of Exertis, has announced it will sell the top-tier distributor as part of a new strategic direction focusing on the energy sector. DCC aims to streamline its portfolio to capitalise on growth opportunities in energy. This announcement was made by DCC Chief Executive Donal Murphy during the company’s interim results
Exertis employees have raised £125,000 for Mental Health UK from golf days, bake sales, dress-down days, raffles and tech sales. Exertis employees have now voted to select eight local charities including six hospices, one homeless charity and one teenage cancer charity. The full list is: St Michael’s Hospice in Basingstoke, East Lancashire Hospice in Burnley,
Exertis Enterprise has quadrupled the capacity of its Basingstoke Integration Facility in Basingstoke. The improvements include integration suites, testing labs, and spaces for demonstrations and training, and maintaining quality control standards This upgrades increase the integration, configuration and subcontract manufacturing services and capabilities and boosts inventory, responsiveness. “This milestone represents a significant investment in
Exertis may close its Raunds, Wellingborough warehouse and distribution facility next year (above) and move the activity into its £50 million state-of-the-art Burnley Bridge complex.
Exertis has launched a trade-in portal for resellers to offload unwanted handsets, tablets and laptops. Exertis guarantees the price for 14 days after an order is made through the portal. If a device is sent after 14 days the price is adjusted to the current price. Exertis’ business division MTR already has experience in recycling