Tech Data Expands In Europe; Buys Triade
As part of Tech Data’s “European Diversification Strategy,” the distributor has picked up Triade Holding, “privately-held portfolio” of value-added distributors, which has a focus on consumer electronics, mobility, IT and more.
This extends Tech Data’s reach into Benelux, Denmark and Norway. What’s more, Brighstar Europe, which is a joint venture between Brightstar Corp/ and Tech Data, has also completed the acquisition of Triade subsidiaries Mobile Communication Company B.V. and M.C.C. Belgium NV (MCC), which are mobility specialists in Benelux.
Tech Data poured $58 million into the Triade deal.