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Audiovisual (AV) distributor Midwich has reported a record performance in 2022, boosted by acquisitions and strong organic growth. The UK-based group achieved 2022 revenue of £1.2 billion ($1.5 billion), a reported year-on-year increase of almost 41%. Growth in constant currencies was around 39%, and more than 20% on an organic basis. The company’s overall gross
Fujifilm Business Innovation – previously Fuji Xerox – has acquired Australian IT services company MicroChannel. MicroChannel was founded in 1995 and has operations in Australia, New Zealand and Singapore. The ERP and IT solutions provider employs about 200 staff. Effective 1 March, the acquired business is now known as Fujifilm MicroChannel and will be led
The top line at HP Inc’s Printing division fell slightly in the first quarter of its 2023 financial year, helping to offset steeper declines in the Personal Systems business. Printing revenue in the three months to 30 January 2023 was $4.61 billion, a year-on-year constant currency decline of 2.2%. The decrease was driven by a
Technology, audiovisual and business products distributor Exertis has announced a restructuring of its UK management team. The DCC-owned wholesaler has announced Tim Griffin as the new CEO of Exertis UK. Griffin was formerly Managing Director of Exertis’ global operations, DCC Technology, but will now focus on heading the UK and Ireland business. Former UK Managing
UK print and managed services provider ASL Group has made an acquisition in the north-west of England. Private equity-backed ASL has bought Warrington-based Sharples Group, effective 3 February, for an undisclosed sum. It is ASL’s sixth acquisition since Primary Capital Partners invested in the firm in June 2019. ASL said Sharples will add “significant scale”