Fusion Technologies was founded in 2004, and has grown to become one of Ireland's leading trade only distributors of audio visual products, working with a select group of leading AV manufacturers.
"Fusion Technologies has a very strong position in the Irish market, distributing quality products to professional AV customers. It is a perfect match for us to grow the Pro-AV and Digital Signage business area further," says John Thomas, CEO at EET Group. "Also I am very pleased to announce that Managing Director, Damien Brennan, from Fusion Technologies, will take on the lead role as Managing Director at our newly established entity EET Europarts Ireland, and he will bring along a handful of highly skilled employees from Fusion Technologies as well."
Managing director at Fusion Technologies, Damien Brennan, is very pleased with the acquisition. "EET Europarts has been growing its Pro-AV and Digital Signage business strongly and very efficiently in recent years, and I look forward to become part of such a successful company. Also, I strongly believe that the impact of EET Europarts' unique and effective distribution model, in combination with the products, know-how and competences we bring on from Fusion Technologies, will help grow the Pro-AV and Digital Signage business further."
More acquisitions in pipeline
EET Europarts is continuously on the lookout for companies that show interest in being acquired. Currently several companies are in the pipeline.
"Acquisitions are an important part of our growth strategy, and a contributing factor to our successful expansion in recent years. We have the experience and know-how to carry out integration of different organisations and human teams effectively and successfully, and always with the clear target of providing our customers with an even better product portfolio, and a stronger organisation to support the customers in whatever needs they may have. We will continue our expansion strategy, and we keep our doors open to new companies who are interested in joining our group. Currently we are in contact with several potential candidates," says Thomas.
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