COMTEC GROUP ACQUIRES CABLELINES

PRESS RELEASE: Comtec Group have announced that they have acquired Surrey-based Cablelines Pronet Ltd.

John Archer, Comtec Executive Chairman commented, “I would like to thank A&GP for the way they conducted this exercise and in particular express mine and Dan Conway’s deep admiration of Peter Pearson who built this enterprise and felt that Comtec would be a good home for it.”

Over the next month, Comtec Group will be fully integrating the Cablelines business into their existing model.

Cablelines Pronet Ltd is the branded structured cabling division of A&GP Trading Limited (“A&GP”).

Following the successful transition, A&GP will withdraw from the distribution of the branded structured cabling products.

The acquisition completed on Wednesday 7 November 2018 for an undisclosed amount. 

Source: www.comtecdirect.co.uk/media/industry-news/comtec-group-international-limited-acquires-cablelines-pronet-limited/801849004

 

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