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Bids, Mergers and Takeovers

DCC acquires MTR Group

01 August 2017 09:28

DCC has acquired MTR Group, a provider of second lifecycle solutions for mobile and tablet devices.

DCC said that MTR - which is based in Harlow, Essex, and employd 60 people - 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.

DCC said the acquisition of MTR advanced the DCC Technology strategy of expanding its service proposition to vendors and customers and provides access to the high growth second lifecycle solutions market.

At 9:28am: (LON:DCC) DCC PLC share price was +87.5p at 6752.5p

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