EET Europarts makes another acquisiti Norwegian POS-specialist Barex.
EET has the past 18 months made up a new business area within POS (Point of Sales). With the acquisition of Barex will EET become a significant distributor in the POS, with a number of famous brands.
For strategic reasons mean Barex they need to be part of a larger company, which has good business systems, flexibility and ability to deliver quality at every stage.
“We are very pleased with the acquisition of Barex. We have the last 2 years worked determinedly to develop our product range in the POS and Auto ID. We see a natural convergence of this acquisition and sales to the traditional IT world, next to the POS specialists.” says In connection with the acquisition says CEO of EET, Bjørn Berg.
The implementation will take place in Norway, then the activities and products are implemented in the rest of the group’s subsidiaries in Europe and Africa.
“I am very happy to have found the right owner for the company’s POS business. Looking at how well EET has succeeded in AV, monitoring, network and other business I feel confident that we will succeed,” comments CEO of Barex, Lars Peter Dahl.