CMS Distribution Buys Avesta
Summary
Following the deal, CMS Distribution will now employ over 400 people across the group with a strong foothold in Europe covering the UK, Ireland, France, Benelux and Scandinavia, in addition to its locations in China and USA, which was established in 2018. CMS Distribution will continue to run the business under Avesta’s brand for the foreseeable future. Founded in 2001 and led by Jeanluc Delaunay, Directeur Général, Avesta is a consumer electronics and accessories distributor specializing in the distribution of GPS navigation and high-tech automotive products within the new worlds of sport, well-being, connected entertainment and home automation. Led by Founder and CEO Frank Salmon, CMS Distribution is an IT distributor of business and consumer technology products for 150+ manufacturers selling to corporate resellers, managed service providers, high street and online retailers. With 2018 sales revenue of £434m, CMS employs 400 people in twelve locations in the UK, Ireland, Netherlands, Sweden, Spain, France, Australia, China and the US.