The parent company of Irish pro-AV distributor Exertis – DCC Technology – is rebranding as Nexora. DCC plans to sell its global technology distribution business – the UK and Ireland operations were already sold to private equity investor Aurelius earlier this year.
DCC Technology: Exertis-Group Becomes Nexora
DCC Technology (parent company of Exertis and Almo, among others) will now operate under the new brand Nexora. This follows the strategic realignment of the Irish parent company, DCC, to sell all its technology activities. Going forward, DCC will focus solely on energy trading.
The technology business activities up for sale, focusing on pro AV, audio, infrastructure, and consumer electronics, will now operate under the Nexora name. The name change unites 27 distributors with 2,500 employees in Europe and North America under a single new name. The acquired portfolio previously operated under various names, including Exertis and Almo.
The new brand, Nexora, is derived from “Nex” (next) and “Ora” (energy) and is intended to symbolize progress, dynamism, confidence, and a drive for advancement.
The Nexora Group
Nexora comprises Comm-Tec in the DACH region (Germany, Austria, Switzerland), Italy, and Iberia; Azenn and Connect in France; Hammer in Europe; Captech in the Nordic countries; and Almo and JAM in North America. Together, the companies generate $3.6 billion in revenue and possess decades of experience and proven market leadership. Almo is celebrating its 80th anniversary this year. Comm-Tec is celebrating its 40th. Hammer will turn 35 next year. JAM recently celebrated its 50th anniversary. This heritage remains unchanged and continues to be central to our services for our partners.
Exit from low-margin IT businesses and discontinuation of the Exertis name
With the completed sale of Exertis’ British IT businesses and the exit from low-margin IT activities in France, Spain and the Netherlands, the Exertis name will be discontinued by the companies of the Nexora Group.
