Midwich To Expand After IPO

Following its first results since going public, distributor Midwich says that it is planning to expand (see Midwich Result 13/09/2016). The company saw turnover rise by 12% in the first half to £158.4 million ($209.7 million) and has just bought two businesses – Holdan of the UK and Wired of New Zealand. Managing director Steve Feby told CRN that any further acquisitions would be in the medium term but that the firm was already looking at prospects in mainland Europe; in the Netherlands, Poland, Spain, Italy and Switzerland.