Dixons to sell Equanet

Will be sold to UK solutions provider Kelway
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Dixons Retail has announced an agreement to sell its Equanet operations to Kelway.

Equanet was Dixon’s specialist business to business arm that specialised in delivering IT solutions to medium and large enterprises.

It was acquired by DSGi back in 2005, however since then it has undergone several downsizes and office moves, with annual turnover dropping below £50 million.

This deal is likely to bring hundreds of staff who are working with thousands of customers to Kelway, a move that the London-based reseller says will aid it’s growth plans.

“By adding the Equanet business to Kelway we are further strengthening our differentiated customer proposition. This acquisition reinforces our growth trajectory, which sees Kelway accelerating towards the landmark of becoming a UK Technology Company with half a billion pounds of turnover,” said Kelway’s chief executive officer, Phile Doye.

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