PCH International has announced the acquisition of Australian distribution company Conexus.
The firm will become part of PCH’s distribution division TNS Distribution, with the company hoping to give clients better access to Australian and Asian-Pacific markets as a result of the deal.
Conexus, which was established in 1991, specialises in the distribution of consumer and IT products in the region.
PCH International CEO Liam Casey said the deal would allow his clients to get one step closer to the Australian market and he was “excited about the huge opportunities available” in the country.
PCH International, which is headquartered in Co Cork, helps companies to get products manufactured in Asia and distributed to international markets.
The company said Conexus was the first of a number of potential acquisitions as part of a plan to build TNS Distribution’s global business.