Description

Europarts is the leading European distributor of spare parts for printers and enjoys a strong position in the rest of the world. Europarts has a strong client base in a growing market and benefits from an excellent reputation and high service levels. Investment rationale Europarts is well positioned to take advantage of a market in which: · Volumes are still increasing across Europe which, when combined with a seven year average life of printers, is underpinning a fast growing market for spare parts · It is the only global competitor managing spare parts for all printer manufacturers which gives it a unique ability to address clients’ needs · Through its dominant position in France it has, as a result, developed close relationships with the European divisions of key manufacturers (HP, Lexmark, Epson)

Strategic objective

The group has successfully executed the strategy foreseen in the original business plan, which was: To have a local presence in every European market and thus establish an undisputed market leading distributorship network in printer spare parts To maintain high level relationships with all printer manufacturers at a European level

Transaction

OMBO. The management team has a clear strategic vision for the business. Nevertheless, Perfectis has made a number of important contributions to the company’s strategy, particularly in challenging the team to make appropriate add-on acquisitions and broaden the company’s geographic coverage.