Europe’s leading distributor of spare parts and accessories for computers, printers and mobile phones.

Company Description

EET Europarts is Europe’s largest online B2B distributor of spare parts and accessories for computers, printers and video surveillance and mobile phones. The company currently has more than 30 sales offices across Europe and Africa.

EET Europarts offers more than 1 million different items within their eight areas of business. with 45.000 SKU’s. EET Europarts serves more than 42,000 retailers and handles over 1 million deliveries per year.

The group is headquartered in Birkerød outside Copenhagen, while their logistics center is located in Ballerup.

Investment Information

Year of Entry 2010
Year of Exit 2015
Ownership Stake 75%
Revenue (2009) DKK 870m
Revenue (2014) DKK 1750m
Buyer FSN Capital Partners

Investment Rationale

EET Europarts was created in 1997 through a series of mergers within the Nordic market for IT distribution.
In the subsequent years the company has successfully expanded their business by introducing new product areas and entering new geographical markets. The new markets include Germany, Poland, Portugal, France, Spain and Switzerland.

Nalka acquired EET in 2010 from Capidea, a Danish investment firm, in 2010, with the ambition to accelerate the geographic and product-based expansion strategy and increase the company’s product offering.

Under Nalka’s ownership, EET Europarts went from being a leading Nordic distributor, to the leading European distributor, with more than 30 local offices in 22 countries. EET also distributes to 27 other countries in the EMEA region.

  • Fragmented European market with minor market shares for even the largest niche distributors.
  • Highly diversified business with more than 40,000 customers, eliminating the company’s dependence of a single customer.
  • Diversified supplier base with c. 700 suppliers and independency of a single source for supply.
  • Very committed, experienced and competent management team with a long and proven track record with the company.
  • E-based sales platform allowing for geographic and product based scale benefits.

Value Added

Increased Growth

Accomplished through a combination of consistent organic growth, establishment of market companies new countries and acquisition and integration of 16 companies.

Expansion

To new product categories such as PRO-AV, digital signage, logistics services, mobile parts and accessories and refurbished parts to further accelerate the company’s growth.

European Logistics Center

To cater to the company's expansion, ensure efficient logistics and on-time deliveries.

The partnership with Nalka focused on making long-term business decisions and value creation which preserved our core-values as well as ensuring that profit was sustainable and aligned with social and ethical values.

John Thomas
CEO, EET EUROPARTS

Nalka is a quick, dedicated and very competent investment firm who made an amazing journey together with EET’s management group and board.

Thomas Wallberg
Ex-chairman of Europarts
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