Datatec's subsidiary completes Thomas Duryea deal
Information and communications technology (ICT) group Datatec said one of its subsidiaries has completed the acquisition of sector peer Thomas Duryea Consulting.
Datatec Ltd. (DI)
310.00p
16:34 07/12/17
Software & Computer Services
2,469.20
15:44 15/11/24
The London-listed company said Logicalis Group successfully secured the takeover of the Australia-based group for an undisclosed amount, adding the deal will enhance Logicalis’s scale and capabilities in the Australian ICT market.
The Australia-based group employs 125 people across offices in Sydney and Melbourne and has an annual turnover of approximately $50m.
“Thomas Duryea's professional services capabilities in Cloud and Datacentre are complementary to Logicalis Australia allowing for a broader portfolio of ICT solutions to market,” said Datatec’s chief executive Jens Montanana.
Datatec shares were down to 2.22% to 220.00p at 0853 GMT on Tuesday.