Business Connexion acquires Panabiz Nigeria

March 11, 2014 • Mobile and Telecoms, Top Stories

As part of the company’s reorganisation process, South African-based technology services group Business Connexion has acquired a 100% holding in Panabiz Nigeria, as well as a 100% holding in Ultimate Solutions Botswana.

Benjamin Mophatlane, Business Connexion CEO

Benjamin Mophatlane, Business Connexion CEO

“We’re excited about our increasing African footprint and the talent joining Business Connexion. Our African footprint allows us to better service our client bases who too are expanding into Africa.  Our recent acquisitions allow us to provide solutions and services that are aligned to customer needs,” said Benjamin Mophatlane, Business Connexion Chief Executive Officer.

According to the company, Panabiz Nigeria is a Managed Print Services (MPS) company operating in West Africa and is a well-established distributor of Canon in the region. Previously part of Singapore-headquartered Tolaram Group, Panabiz employs 8,000 people globally and has existing Managed Print Service and Annual Maintenance Service contracts.

In terms of Botswana’s Ultimate Solutions, the company is a provider of Point of Sale solutions with three branches in Gaborone, Maun and Francistown and a retail customer base of over 800 stores in the country. With 20 years’ experience, Ultimate Solutions provides Business Connexion’s retail focused business units’ access to this market.

“Where required, Business Connexion will provide the Botswana retail customer base a migration path to newer technologies available within the Business Connexion stable or via partnerships that Business Connexion holds. Ultimate Solutions, is also a strong distributer of brands such as HP, Lenovo and Mecer and has the ability to distribute and manage the warrantee process within the Botswana environment,” the company said in a statement.

Charlie Fripp – Consumer Tech editor

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