SYSTEAM acquires Despec Nordic
| 06 June, 2018
IT distributor Systeam, operating in Germany, Austria and Switzerland, has signed an agreement to acquire Despec in the Nordics.
Systeam AG will acquire all the shares of Despec Nordic Holding A/S, and will thereby expand its existing sales territory with Denmark, Finland, Iceland, Norway and Sweden.
Systeam distributes a wide range of products in the IT sector. The focus is on the printing business in where they specialise in premium brand printers and supplies and hold a position today as one of the leading distributors in Germany.
For more than 30 years Systeam have been active in the German market, and with the founding of Systeam in Switzerland in 2004 and in Austria in 2011, they began to expand their geographical business area. Today Systeam employ around 180 people.
“We are confident that we all will benefit from joining resources and look forward to a common future with Despec. For us it was important to find not only local presence, but also someone with a strong market position. With Despec Nordic, we have found one of the three largest printer and supplies distributors in Scandinavia” says Michael Mitlacher, CEO of Systeam.
“We are convinced that we will benefit from the acquisition and look forward to a good future together with Systeam”, says Michael Voll, Managing Director of Despec in the Nordics. In the future, Michael Voll will remain in his position as Managing Director of Despec and will continue to run the operations in the Nordics with his team, and he emphasizes: “Despec has now joined a new family and has a strong new owner. Regarding existing relationships there will be no changes for business partners of Despec and Systeam. We expect that we will share our product portfolio and our know-how with each other, and that this will have a long-lasting, positive impact on our customers and contracted vendors“.