*NEWS*WSTORE ACQUIRES INMAC FRANCE
*NEWS*WSTORE ACQUIRES INMAC FRANCE
2006-01-06 at 10:06:00 am #13666
WStore Group announces the acquisition of Inmac France
the leading online supplier of business IT equipment, announced today
the acquisition of Inmac France. The announcement sees WStore Europe
SA, the parent company of the WStore Group, become the owner of 100% of
the capital stock of Inmac.
Founded in 1984, Inmac is one of the
leading players within the French IT products and services market with
over 40,000 active customers, from SMBs to the largest private and
public organisations, and a turnover of €208 million in 2004.
Price, Managing Director of WStore UK explained the acquisition is
excellent news for WStore and gives tremendous potential for growth in
the near future: “WStore has led the way for years when it comes to
servicing the SMB sector, now with the addition of Inmac’s expertise in
addressing large accounts; we see a great opportunity here for both
Not only do the two businesses have complementary target
markets but their sales and marketing strategies are also an excellent
WStore is one of the leading e-commerce players, having
expanded its portfolio of more than 12,000 customers on the web, thanks
to solutions developed by I-COM Software, a subsidiary of the group,
allowing WStore, among other things, to work without any physical
Inmac has successfully built its customer base thanks to
the widespread circulation of its paper catalogues (some 4.5 million
distributed each year in France). It too has extremely efficient
internal logistics and systems.
“The combination of our skills will
allow our two companies to grow together,” says Guy Sakelario, CEO of
Inmac. “This can only be beneficial to our customers, who will get
access to a unique market proposition, covering all their requirements,
from SMB to private or public large accounts.”
Patrice Laureau, CEO
of WStore Group, said: “Regarding our vendor partners, this
announcement is good news for them too; we now cover 100% of the French
market, both in terms of size and in terms of purchasing behaviour.
This constitutes an absolutely unique advantage in the market.”
objective of the acquisition is clear, Laureau adds: “To become the
number one choice for IT purchasing among businesses in France.”
Inmac deal comes with the full support of all the historical financial
partners of WStore: Newventuretec, Ventech (Natexis), Part’Com (Iris
Capital) and the FCJE (group Caisse des Dépôts) have all agreed to
participate in the funding of this acquisition. The Gores Group, LLC,
the previous owner of Inmac, also remains a shareholder of the new
entity, convinced by the potential of this exciting industrial project.
in February 1998, The WStore group (www.wstore.com) generated in 2004 a
consolidated turnover of 73 M€. It is currently constituted of 3
operational entities, gathering some 150 employees. WStore France
(www.wstore.fr) and WStore UK (www.wstore.co.uk) are both on their
market, the leaders of the IT distribution for SMB on the internet.
I-COM Software (www.i-comsoftware.com) is a software editor company
dedicated to IT distribution, having as customers the major players of
the industry : HP, Xerox, Lexmark, NEC.
1984, Inmac (www.inmac.fr) generated in 2004 a turnover of 208 M€ among
businesses of any size, being a major player on the French IT market.
Inmac employs 330 skilled workers. 98% of the Top 1000 French companies
are active customers of Inmac. Over 93% of its 11500 products are
available for a next day delivery thanks to a logistic platform,
certified ISO 9001 and 14001, also able to provide customized
configuration and integration services.