Wrap Text
DTC - Datatec Limited - Westcon acquires South African Security Distributor
Sentronics
Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
WESTCON ACQUIRES SOUTH AFRICAN SECURITY DISTRIBUTOR SENTRONICS
Datatec Limited ("Datatec", JSE/AIM: DTC), the international Information and
Communications Technology (ICT) group, announces that Westcon has agreed to
acquire Sentronics SD (Pty) Ltd ("Sentronics"), a South African value added
distributor of IT physical security and video solutions. The cash consideration
is not disclosed.
This acquisition continues Westcon South Africa`s expansion of its solution
portfolio. The addition of Sentronics` offering enables the division to better
serve the growing demand for security solutions amongst its existing customers.
Founded in 2004, Sentronics supplies a number of electronic security products
including CCTV, access control, building management systems and integrated
security solutions. Its portfolio includes Pelco, Sony, Flir and Vivotek and
also their internally branded physical security solutions called Synergy.
Sentronics has annualised revenues of over $8 million and will now form part of
Westcon`s South African Security operations.
Jens Montanana, Datatec`s Chief Executive commented:
"The acquisition of this niche security distributor in South Africa allows
Westcon to address changing local market conditions and provides a wider
offering to better service its customers` requirements.
"Bringing together Sentronics` and Westcon`s complementary vendor portfolios
creates a significant opportunity to provide advanced solutions to both customer
bases."
Enquiries:
Datatec Limited
(www.datatec.co.za)
Ivan Dittrich - Chief Financial +27 (0) 11 233 1221
Officer
Wilna de Villiers - Group +27 (0) 11 233 1013
Marketing Manager
Jefferies International Limited
Chris Snoxall +44 (0) 20 7029 8000
College Hill
Adrian Duffield/Rozi Morris (UK) + 44 (0) 20 7457 2020
Frederic Cornet (SA) +27 (0) 11 447 3030
Sandton
8 November 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 08/11/2011 09:00:02 Supplied by www.sharenet.co.za
Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
DTC
DTC - Datatec Limited - Westcon acquires South African Security Distributor
Sentronics
Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
WESTCON ACQUIRES SOUTH AFRICAN SECURITY DISTRIBUTOR SENTRONICS
Datatec Limited ("Datatec", JSE/AIM: DTC), the international Information and
Communications Technology (ICT) group, announces that Westcon has agreed to
acquire Sentronics SD (Pty) Ltd ("Sentronics"), a South African value added
distributor of IT physical security and video solutions. The cash consideration
is not disclosed.
This acquisition continues Westcon South Africa`s expansion of its solution
portfolio. The addition of Sentronics` offering enables the division to better
serve the growing demand for security solutions amongst its existing customers.
Founded in 2004, Sentronics supplies a number of electronic security products
including CCTV, access control, building management systems and integrated
security solutions. Its portfolio includes Pelco, Sony, Flir and Vivotek and
also their internally branded physical security solutions called Synergy.
Sentronics has annualised revenues of over $8 million and will now form part of
Westcon`s South African Security operations.
Jens Montanana, Datatec`s Chief Executive commented:
"The acquisition of this niche security distributor in South Africa allows
Westcon to address changing local market conditions and provides a wider
offering to better service its customers` requirements.
"Bringing together Sentronics` and Westcon`s complementary vendor portfolios
creates a significant opportunity to provide advanced solutions to both customer
bases."
Enquiries:
Datatec Limited
(www.datatec.co.za)
Ivan Dittrich - Chief Financial +27 (0) 11 233 1221
Officer
Wilna de Villiers - Group +27 (0) 11 233 1013
Marketing Manager
Jefferies International Limited
Chris Snoxall +44 (0) 20 7029 8000
College Hill
Adrian Duffield/Rozi Morris (UK) + 44 (0) 20 7457 2020
Frederic Cornet (SA) +27 (0) 11 447 3030
Sandton
8 November 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 08/11/2011 09:00:02 Supplied by www.sharenet.co.za
Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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