DCC PLC

M&A Activity • Aug 1, 2017

National Storage Mechanism | Additional information

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RNS Number : 6698M

DCC PLC

01 August 2017

1 August 2017

DCC Technology expands its service offering with the acquisition of MTR

DCC plc, the leading international sales, marketing and business support services group, has acquired MTR Group Ltd ("MTR"), a fast growing UK based provider of second lifecycle solutions for mobile and tablet devices.

Based in Harlow, Essex and employing 60 people, MTR partners with retailers, mobile handset manufacturers and insurance companies to source and refurbish mobile phones and tablets for resale to customers in the UK and abroad. In the year to 30 November 2016, MTR generated revenues of £11m. The acquisition of MTR advances the DCC Technology strategy of expanding its service proposition to vendors and customers and provides access to the high growth second lifecycle solutions market.    

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