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Newbury-based IT specialist Qolcom acquired by Chippenham’s Bechtle UK
Newbury-based IT specialist Qolcom has been acquired by Chippenham-headquartered Bechtle UK for an undisclosed sum.
Specialising in digital workplace solutions, intelligent network infrastructure and security, Qolcom currently has 44 employees and achieved revenues of 30 million euros in the last fiscal year.
Bechtle, the parent company whose headquarters is in Neckarsulm in Germany, said the Qolcom brand will remain unchanged initially.
Konstantin Ebert, chief executive of Bechtle AG, said: “We have been very successful in expanding our footprint in the British market over the past three years, and our open and inclusive culture certainly has played no small part in that.
“Qolcom is a perfect match for us — both in terms of its people and its portfolio — and we are looking forward to writing the next chapter in our success story together.”
Keith Reading, managing director of Qolcom, said: “We are delighted to be bundling our expertise with Bechtle’s extensive portfolio.
“This marks an important milestone in our company’s growth and our customers will benefit very much from Bechtle’s holistic eco-system, especially on the international stage.
“We are looking forward to our future together, which will offer exciting development opportunities for our employees as well.”
James Napp, managing director of Bechtle UK, who will oversee Qolcom’s integration into the group said: “The Qolcom team’s knowledge, expertise and strong customer and vendor relationships will add significant strength to Bechtle UK’s position in the mid-market, enterprise and public sector networking and security space.”
With the Qolcom acquisition, Bechtle employs some 370 staff across five sites in the UK with consolidated revenues of 290 million euros.
Pictured: Bechtle’s UK headquarters in Chippenham