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Westcoast has strengthened its components portfolio with the acquisition of fellow distributor Spire Technology.
The deal is for 100% of the share capital and will see Spire Technology form part of the Westcoast Group working alongside Westcoast Ltd.
Alex Tatham (pictured), Executive Director at Westcoast, said: “This deal will add significantly to Westcoast’s components portfolio hence Spire will become the Group’s main components pillar.
“It will receive full access to all the customers, finance and tools that make Westcoast a strong distributor in the UK and Europe.
John Appleton, Spire CEO, added: “Westcoast can only help grow our business, and in return we can bring a range of accretive components vendors to Westcoast’s customer base.”
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