PRESS RELEASE
Warrington, United Kingdom - 7 November 2011, PC and PC Components Distributor VIP Computer Centre has acquired CMS Computers, a PC Assembler based in Liverpool. Following the acquisition VIP Computer Centre will have added another successful company under the group structure with a combined turnover well in excess of £200 Million.
CMS Computers are one of the UK's largest channel serving systems builder, producing assembled PC's for the UK IT industry. CMS Computers owns the Zoostorm and FizzBook brands. The company prides itself on providing high quality products backed by local customer service to the IT trade, resellers and retailers.
VIP is a trade only distributor of PC's and PC Components, with the UK's largest market share on computer components and have been growing their market share year on year. The CMS Computers acquisition creates synergies and opportunities for growth for both companies.
CMS Computers will be run independently by two of their current directors under the VIP Group. Sion Roberts and Ian Fraser commented that this is an exciting opportunity for CMS allowing us to further enhance the Zoostorm brand and increase market share. CMS will maintain its own identity and continue to trade as CMS Computers Limited.
Jatti Sahni, Chairman of VIP Computer Centre commented "CMS are the UK's third largest independent PC builder in the UK and will grow further by maintaining their commitment to their business model with the added strength and support of VIP Group "
Sahni concluded, "I am keen to leverage the strength of VIP Group to significantly acquire scale through a blend of organic growth and further strategic acquisitions within our chosen sectors"
About VIP Group:
VIP Group is a global operation based in Warrington, UK focussing on PC's, PC Peripherals and PC components. VIP concentrates on supplying the channel and partnering with its customers & vendors for mutual success. In 2006 VIP Group acquired Realtime Distribution and in 2010 opened two new subsidiary companies in Miami and Dubai, to serve the Central American and Middle East markets respectively. Group turnover was in excess of £176m for the year ending June 2010.
For more information, please visit: http://www.vip-group.uk.com.
