Infotheek Group: acquisition of CORE10 AS in Norway
Infotheek Group B.V. expands in Norway with the acquisition of enterprise reseller and independent distributor CORE10 AS. Infotheek has already been active in the Nordics for years in Sweden, Denmark and Finland. BarentsKrans advised, in close cooperation with law firm Kluge AS in Norway, Infotheek Groep B.V. about this acquisition.
Jordy Kool CEO Infotheek. “We remain Europe’s largest reseller for new end-of-life, renew and refurbished IT equipment. This acquisition is part of our long term strategy”. CORE10 will remain active under its own name, and will combine its expertise on networking with the extensive IT portfolio of Infotheek. The new combination now allows Norwegian customers to buy both computing and mobility hardware as well as switches, servers, storage and software.
Stephan Derksen, Director Strategy and M&A at Infotheek: “CORE10 has a strong position in the market and has shown great potential. We also see an increased demand for refurbished products in the Norwegian market, which fits perfectly to the portfolio of Infotheek”.
The founders of CORE10 are excited about the new journey. Tor Espen Vigdal-Hanssen: “We are very enthusiastic about our joint future. The Norwegian market is ready for a supplier who can offer the entire IT portfolio both online and offline. This combination and our A-brand portfolio makes us a powerful player that adds enormous value to its customers. We will celebrate the acquisition with a big sales promotion”.
Legal advisors involved: