Pan-European distributor Nuvias Group has acquired Netsafe, a cyber security and networking distributor covering South-Eastern Europe.
The acquisition sees Nuvias bolster its investment in Eastern Europe, widening its coverage across Romania, Croatia, Serbia, Slovenia and Bulgaria.
Nuvias says Netsafe will bring strong vendor relationships that complement and extend its existing portfolio of technology solutions and services.
“Nuvias sees significant promise and opportunity in the Eastern European market,” said Simon England (pictured), CEO of the Nuvias Group. “With Netsafe, we have a platform for considerable growth in this region. We have a very strong match in our philosophy and approach to specialist value-added distribution, making for a solid base for accelerated growth.”
Analyst firm Canalys forecasts the Central and Eastern European IT infrastructure and cybersecurity market to grow at a rate of over 7% in 2022, with a potential $4bn (£3.04bn) opportunity.
“We are excited about our next chapter as part of the Nuvias Group,” added Doru Manea, CEO of Netsafe. “By leveraging Nuvias’ scale and resources, we can deliver added value to our partners and customers. This is a great recognition of our success and opens a new chapter to further development, with a wealth of new opportunities in an expanding market.”
Netsafe will continue to operate under its existing brand as a Nuvias Group firm.
