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Midwich Group acquired Image Design Technology
Another acquisition for the year. This time UK based company Midwich Group which is a distributor of audio visual, consumer electronics, displays, print and scanning solutions, security, auto ID/barcode and digital imaging products in the UK, Ireland and France has acquired Image Design Technology an Australian based distribution company which specialises in video walls, digital signage and related products.
Here’s the PR communication:
This acquisition is Midwich’s first in the Australia and New Zealand region and is effective as of 1
August, 2012. Established in 1998, IDT will continue to be spearheaded by Gerry Wilkins, Founder and
Managing Director of the company.
According to Wilkins, the acquisition is a major coup as it enables IDT to tap into the resources and
expertise of a global company, while still retaining the great local service and strong local investment for
which IDT’s recognised.
“Our partnership with Midwich allows us to expand our product offering and act as a one-stop shop for
our customers’ audio and visual needs. The acquisition will also help us increase our investment into
the local marketplace, from adding technical resources, improved stock levels, marketing materials and
training programmes, so that we can fully equip and support IDT customers,” said Wilkins.
Stephen Fenby, Managing Director of Midwich added, “This transaction represents our first move
outside our traditional European market. We have been most impressed with Gerry and his team, and
with the similarities in our businesses and service ethos. IDT has a great portfolio of quality brands and
a strong reputation with customers serving the AV industry. We very much look forward to helping the
team at IDT to build a leading specialist audio visual distribution business.”
Wilkins added the acquisition is a win for IDT’s local channel and current employees.
“By partnering with Midwich, our local vendors can expect to see larger transactions, improved buying
power, and more opportunities passing through their sales channels. Our local staff can also expect
continued investment in local jobs and broader opportunities to grow their career.”
IDT’s key technology areas are video walls and related control and processing, IP signal
distribution and digital signage. IDT is also a major distributor of large format commercial
displays, including a variety of touch-screen solutions. Its principle vendors include Avitech,
Brightsign, HaiVision, Jupiter, Magenta Research, NEC, Planar, and Samsung.
You can read the full PR here: http://www.idt.com.au/wp-content/uploads/2012/08/IDT_Joins_Midwich_Group_1_.pdf
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