Atlas Gentech acquired by Fortune 500 security distributor

Atlas Gentech acquired by Fortune 500 security distributor

Auckland-based distributor closed transaction at the end of June

Credit: Fortune 500

Atlas Gentech has been acquired by Anixter International, with the global distributor of network and security solutions taking control of local operations.

Reseller News can reveal that the Auckland-based business struck the deal less than four weeks ago - somewhat quietly - with the transaction closing before the end of June 2018.

The acquisition also includes Central Security Distribution and Inner Range, specialist distributors based in Australia, which are part-owned by the management team of Atlas Gentech.

Headquartered in Illinois, US, Anixter is a Fortune 500 company with annual revenues in excess of US$7.9 billion, specialising in the supply of wire, call, networking, security and utility power solutions.

Specifically, the distributor helps the channel “build, connect, protect and power” valuable assets and critical infrastructures, spanning enterprise networks, video surveillance and electric power distribution.

“For our valued partners, it remains business as usual,” said Andrew Moss, CEO of Atlas Gentech,

Atlas Gentech is a nationwide provider of technology solutions, operating in the Kiwi market since launching in 1972.

Reseller News understands that the current team of around 75 staff - including account managers, technical sales, marketing, technical support, customer support, trade counter and warehouse teams - will continue in the roles as usual.

From a day-to-day perspective, Moss said current partners will not have to open a new trading account with the distributor, with the “only change” relating to the ownership of the company.

Read more: Lifesize offers cloud-based video conferencing on an annual contract

“Myself and the entire team will continue working for Atlas Gentech and we look forward to working with you to further strengthen our deep long-term relationship,” Moss added.

“What’s exciting is this acquisition will likely bring additional opportunities and we look forward to sharing these with you over the coming months.

“We look forward to our continued commitment to a strong and mutually beneficial relationship and an exciting future for us all.”

With more than 600,000 products - totalling over $1 billion in inventory - Anixter operates from over 300 cities in approximating 50 countries, trading on the New York Stock Exchange.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags atlas gentechAnixter International

Brand Post

How to become the best IT MSP

This article provides guidance for managed service providers (MSPs) that want to grow their business. It is also useful for any IT service provider looking to move from the break-fix model to managed IT services.



Reseller News Innovation Awards 2019: meet the winners

Reseller News Innovation Awards 2019: meet the winners

Reseller News honoured the standout players of the New Zealand channel in front of more than 480 technology leaders in Auckland on 23 October, recognising the achievements of top partners, emerging entrants and innovative start-ups.

Reseller News Innovation Awards 2019: meet the winners
Malwarebytes shoots the breeze with channel, prospects

Malwarebytes shoots the breeze with channel, prospects

A Kumeu, Auckland, winery was the venue for a Malwarebytes event for partner and prospect MSPs - with some straight shooting on the side. The half-day getaway, which featured an archery competition, lunch and wine-tasting aimed at bringing Malwarebytes' local New Zealand and top and prospective MSP partners together to celebrate recent local successes, and discuss the current state of malware in New Zealand. This was also a unique opportunity for local MSPs to learn about how they can get the most out of Malwarebytes' MSP program and offering, as more Kiwi businesses are targeted by malware.

Malwarebytes shoots the breeze with channel, prospects
Show Comments