Midwich has acquired 100% of the share capital of MobilePro AG, a Swiss distributor of audio visual products, from Omega Handelsgesellschaft m.b.h, an IT/AV distributor with headquarters in Vienna, Austria.
Based in Zurich, with an estimated 2018 turnover in excess of 25m Swiss Francs, MobilePro provides a product offering across projection, LED panel and interactive technologies, and has a particular strength in the large format display and technical solutions technology markets. The company works with key AV vendors such as Samsung, NEC, Barco, Legrand AV and SMART.
Through its trade partners, MobilePro addresses key Swiss vertical markets including the corporate, education and hospitality sectors, amongst others.
The acquisition, for an undisclosed amount, represents Midwich's first investment in Switzerland, and further strengthens Midwich’s European presence. MobilePro will report into Lutz Kern, Midwich’s regional director for the DACH territory.
Stephen Fenby, managing director of Midwich Group, said: “This acquisition broadens our geographical coverage, with the group now operating in territories which account for approximately 75% of the European AV market. I would like to welcome the MobilePro team into the group.”
In other news, Midwich has announced a UK and Ireland distribution partnership with Middle Atlantic Products, a brand of Legrand AV. Middle Atlantic Products manufactures support and protection products to mount integrated AV systems, offering rack, mount and tech-enabled furniture. It also offers power, cable management and connectivity solutions.