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  6. Exertis Acquires Almo

M&A Deal Summary

Exertis Acquires Almo

On December 15, 2021, Exertis acquired distribution company Almo

Acquisition Highlights
  • This is Exertis’ 1st transaction in the Distribution sector.
  • This is Exertis’ 1st transaction in the United States.
  • This is Exertis’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2021-12-15
Target Almo
Sector Distribution
Buyer(s) Exertis
Deal Type Add-on Acquisition

Target

Almo

Philadelphia, Pennsylvania, United States
Almo is a distributor of appliances, consumer electronics, professional Audio/Video equipment, furniture, and houseware. Almo operates nine regional distribution facilities with over 2.5 million square feet of warehousing. Almo focuses on four major business segments: Major Appliance and Electronics, Premium Appliances, Professional AV, and e-Commerce Fulfillment. Almo was founded in 1946 and is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

Exertis

Burnley, United Kingdom
Category Company
Sector Distribution
DESCRIPTION

Exertis is a distributor of consumer, business, and enterprise products from pioneering technology brands, playing an integral role in supplying the world with cutting-edge tech. Exertis is based in Burnley, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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