Two of the Nordics' largest distributors, Deltaco and Aurora Group, both owned by DistIT AB, have until now operated in parallel with a focus on various main Nordic markets. These two companies are now merging to form the new company Aurdel.

The purpose of the merger of the two DistIT-owned companies is to create a new, stronger company with an expanded range as well as smarter service offerings and logistics solutions. In total, Aurdel offers over 30,000 products, including own brands such as DELTACO and L33T Gaming. Among Aurdel's B2C and B2B customers are several major retailers such as Elgiganten, Dustin, Komplett and Media Markt. Sales take place both in physical stores and in digital channels, such as e-tailers and other digital marketplaces.

”We foresee that we have everything to gain by merging these two large Nordic players. In addition to scalability, it means a common supply and warehouse, smart logistics solutions and an enormous competence that is now being gathered. In this way, we can reach more customers and create even better, faster and smoother customer experiences as well as technical solutions around the Nordics and also in the Baltics”, says Martin Gutberg, CEO at Aurdel.

With Aurdel, DistIT increases its market share in the Nordic market significantly. In 2021, Deltaco and Aurora had a combined turnover of approximately SEK 1.9 billion.

Martin Gutberg continues:
”Aurdel will be a good platform for growing organically and we are at the same time well equipped to meet the market fluctuations. We have the capacity and conditions to help various customers with several different types of problems in a simple way. With Aurdel, we will be an incredibly strong player.”

Right from the start, Aurdel will offer existing and new customers greater value in the form of improved customer experience, faster service, and smarter logistics solutions. Through a combined product range, a better business system and a common warehouse, the ambition is to eventually grow to become the market-leading business partner in Europe, with a particular focus on the Nordics and the Baltics.

About Aurora Group 
With more than 100 years of experience, and activities in 10 countries, Aurora Group was a leading technology partner in the Nordics known for its concepts, services, qualified employees, and excellent execution – a perfect partner in building your electronics business and brand.

About Deltaco
Founded in Sweden in 1991 and represented in all Nordic countries with more than 150 employees, Deltaco specialized in the import and distribution of all things tech – bringing the best products from B2B and B2C.

About Aurdel 
Aurdel is a part of DistIT Group, a fast-moving, market-leading group of distributors – all specialists and front-runners within technology. DistIT acquires and develops niche distributors within IT, mobility e-charge, audio, home electronics, networks, data communication, and AV products in Europe.

Contacts:

Robert Rosenzweig, CEO DistIT AB
Phone: +46 70 768 50 42
Email: robert.rosenzweig@distit.se

Tomas Fällman, CFO DistIT AB
Phone: +46 70 2247 107
Email: tomas.fallman@distit.se

About DistIT AB

DistIT acquires, owns and develops niche distributors of IT, mobility, consumer electronics, networking and data communications products in Europe. Companies within the DistIT Group deliver B2B as well as B2C products to the IT markets in Europe. The DistIT stock is listed on the Nasdaq First North Premier Growth Market exchange and DistIT's Certified Adviser is Erik Penser Bank AB, e-mail certifiedadviser@penser.se, phone +46 8 463 83 00.

Image Attachments

EN Aurdel

Attachments

Merger between Aurora Group and Deltaco – forming Aurdel

© Modular Finance, source Nordic Press Releases