DCC acquires French electronics distributor

Business support services group DCC has reached conditional agreement to acquire Banque Magnetique SAS, a Paris-based French distributor of consumer electronic products and IT peripherals to the French retail market.

Mon, 12 Nov, 2007 - 07:39

Business support services group DCC has reached conditional agreement to acquire Banque Magnetique SAS, a Paris-based French distributor of consumer electronic products and IT peripherals to the French retail market.

The business is being sold by Fayrewood. The acquisition is subject, inter alia, to clearance from the French competition authorities.

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