PRESS RELEASE | DECEMBER 2013PCH’S TNS Distribution acquires Australian retail firm CONEXUS
PCH are delighted to announce that our group company TNS Distribution has acquired Australian distribution company CONEXUS.
Established in 1991, CONEXUS is an innovative specialist distributor of consumer and IT products to the retail, reseller, lifestyle and online markets in Australia and the Asia-Pacific region.
“This acquisition is an exciting addition for the PCH Group. It will allow us to expand our global retail distribution services to our clients, which include some of the world’s largest brands and innovative hardware startups.”
Liam Casey, Founder and CEO, PCH
Liam Casey, CEO of PCH International, further added: “It is one step closer for them to get their products to market. We’re excited about the huge opportunities available in the Australian consumer electronics retail market.”
John McHugh, co-founder of TNS Distribution, said “CONEXUS is in a similar style of business as TNS, and the two entrepreneurs who founded the company, Mark Daley and David Murray, have a wealth of experience. We are delighted to combine the strengths of our two companies to offer our clients an even better global service.”
Ivan Eustace, co-founder of TNS Distribution, added: “Acquiring CONEXUS will give TNS clients better access to all major retail customers in the Australian region. In turn, we are offering the Australian market a vast array of world-class brands that were not previously available. ”
David Murray, Managing Director of CONEXUS, said, “PCH is a very exciting company. Liam has nurtured a culture of innovative design and developed new manufacturing services for the world stage. We are excited that these services will now be available to Australian developers.”
“The proven global expertise of TNS Distribution combined with the skill sets of CONEXUS will offer Australian customers an amazing range of new products and services which have not been available here before. A commitment to superior customer service is the hallmark of both PCH and TNS throughout the world. We are delighted that TNS has acquired CONEXUS to significantly expand its operations within Australia.”
The acquisition of CONEXUS is the first step in a number of potential acquisitions to build out TNS’ global distribution strategy.
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