Westcoast has created a €5.5bn powerhouse after merging with KOMSA, enabling the Reading-based distributor to gain access to Germany’s growth market and boost its expertise in the UC sector.
In the course of the merger, Westcoast will take over the shares from KOMSA's founders. KOMSA chairwoman Kerstin Grosse described the merger as "the biggest step in the company's history".
In addition to generating a turnover of over €5.5bn, the merged entity will bring together more than 400 technology partners with 30,000 retail partners.
For Pierre-Pascal Urbon, CEO and CFO of KOMSA, said: ”By merging with Westcoast, we are able to enrich our sector expertise in telecommunications with IT. This is of high strategic value to us, as it allows us to offer our customers a unique range of services and pass onto them the efficiencies generated by the merger.
“The merger gives KOMSA access to markets in the UK, Ireland and France, where it has not been significantly active to date.”
