Nycomm makes multi-million pound acquisition

Stephen Chapman's picture
by Stephen Chapman

Communications firm, The Nycomm Group has acquired Pennine Group in a “multi million pound deal.”

The exact figures haven’t been released, but Bury-based Pennine has a turnover of £14m.

It will retain its brand identity and sit under the Nycomm umbrella of 4 main brands - Nimans (comms distribution); Rocom (corporate end user sales); Videonations (audio visual and video conferencing specialist) and Pennine.

“Pennine share our vision and passion in offering the highest levels of service to their customers across the SME sector, blue-chip organisations and public sector. Together we can continue our journey of growth, offering our customers a stronger and wider selection of products and solutions,” stated Julian Niman, chairman of Nycomm.

Pennine has recently won a BAe Systems submarine contract for 2-way radio.

“Andy [Roberts, managing director] and his team bring with them decades of experience in the sales of these products and will ensure a seamless integration that brings new growth for the Group in addition to the existing revenue from Pennine.”

Currently with a £100m turnover, Nycomm is hoping the acquisition will help it towards its aim of £150m revenues.

Roberts will join the Nycomm board.

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