PCR Tech and IT retail, distribution and vendor news
Value-added distributor CMS Distribution has acquired TNS Connect from PCH. TNS Connect is an award winning distributor of emerging technologies and accessories, headquartered in Ireland but also operating in the UK, mainland Europe, Australia and China. CMS Distribution hopes that this acquisition will further strengthen its position as Europe’s leading IT specialist distributor.
Founder and CEO of CMS Distribution, Frank Salmon, commented on the acquisition, saying: “We are delighted to welcome TNS Connect to the group. As specialists in emerging consumer technologies, they have an impressive range of vendors and customers which perfectly complement the CMS Distribution portfolio. Our customers will gain access to the latest consumer technology trends, an increased product portfolio, additional sales and marketing resources and more competitive offerings. We are very excited to offer our vendor partners new routes to market, allowing them to explore new business opportunities.”
Liam Casey, CEO and founder of PCH said: “TNS Connect has been part of the PCH family for the past six years, and we are grateful to the TNS team for their valuable contribution and commitment. We know that CMS is the right parent company to take TNS to the next level given their focus on enhancing their product distribution capability. PCH continues to focus on our core business providing highly differentiated and value-added product development, manufacturing, packaging and fulfilment services globally."
Following the acquisition, CMS Distribution will now employ over 300 people across the group with a very strong foothold in Europe covering the UK, Ireland, France, Benelux and Scandinavia. CMS will continue to run the business under TNS Connect’s brand for the foreseeable future and TNS’s leadership and management team will remain, continuing to focus on the growth of the business.
Co-founders John McHugh and Ivan Eustace, of TNS Connect, said: “We are excited to be part of a large distribution business that has ambitious growth plans, and has already invested in systems and people to materialise them. Our customer and vendor offerings will provide great business opportunities for our channel partners so we can embark on this journey of growth together.”
