Irish technology retailer Compu b has agreed a deal to buy UK retailer Stormfront.
The transaction will create the largest independent Apple reseller and service provider in Ireland and the UK and is expected to contribute €60m in revenue annually to the turnover of Compu b's owner B.ICONIC.
Stormfront is the largest Apple reseller for consumers in the UK with over 2 million customers a year. It is also one of the UK's largest Apple Authorised Service Providers and handled over 70,000 repairs in 2018.
Compu b will take over its 23 stores across the UK with over 300 employees.
Ciaran McCormack, group chief executive of B.ICONIC, said today's deal was a landmark acquisition for the group.
"The UK is an important market for our business, and this deal allows us to grow our presence significantly in this market," Mr McCormack said.
"Stormfront complements our existing APR, business-to-business and education technology offering in the UK and Ireland, expanding our opportunities and supporting the delivery of our strategic growth plan for our business," he added.
Compu b is part of the B.ICONIC group, an Irish owned and operated retail and business technology group.
Its portfolio includes Apple reseller Compu b; NuConnect, the largest Bang & Olufsen retail and business to business partner in the UK and Ireland; EBO, the premium multi-brand technology retail environment specialists; Blink 24, an official Go Pro distributor and Juku, a premium Irish designed technology accessory brand.