DYNAMIC EXPANSION

Written on the 28 September 2011

DYNAMIC EXPANSION

AFTER acquiring a 50 per cent stake in hardware IT company XiT Distribution and focusing on expanding operations Australia wide, it has been a good year for IT wholesale company Dynamic Supplies.

Managing director Scott McLennan (pictured), says the acquisition has expanded its products to hardware.

“Xit Distribution is a company we’ve known for a long time, it’s a well run business that has a different product set to ours. The majority of our distribution is ink and toner whereas Xit Distribution is a hardware distributor, so their product set includes laptops, audio-visual and PC’s,” he says.

“The main attraction for us in acquiring a 50 per cent stake in XiT Distribution was its different product set. The company is also based in Brisbane and the plan is to spread them out within Australia. Everything about the company will stay the same including the name; it’s just an opportunity for us to access different products and customers.

“In terms of expanding our own company, we recently opened up a new warehouse in Adelaide and we’re just about to open new premises in Melbourne as well.”

Recycling remains another focus for the business as ink and toner cartridges use a lot of plastic and the ink is oil-based.

“By recycling our products, it allows our customers to adhere to environmental regulations and some companies need to demonstrate they use recycled products, so this is a good way for them to demonstrate that,” says McLennan.

He says the company will consolidate over the next 12 months.

“We’ve been busy over the past year with the expansion and acquisition, so we’ll be focusing on bedding down over the next 12 months. We’ll also be upgrading our internal computer systems and developing a new website,” he says.


Latest News

ASF UNVEILS TRAFFIC PLANS FOR THE SPIT

A SECOND bridge over the Nerang River is the centrepiece of the ASF Consortium's plan to improve traffic flow ...

BHP AND VALE EDGE CLOSER TO $47.5 BILLION SAMARCO DAM DISASTER SETTLEMENT

BHP Billiton (ASX: BHP) and Brazilian mining company Vale have entered into a preliminary agreement with Brazilian fe...

BLK SPORT FOUNDER TYRON BRANT REMAINS CEO UNDER NEW OWNERS

BLK Sport has been purchased from receivers McGrathNicol by a private consortium composed of a TimorLeste-based oi...

CARSALES CEO RETIRES AS NEW COMPETITOR COX FINALISES MERGER

CARSALES will have a new CEO as it takes on a fresh challenger to its crown as the dominant online car sales portal i...

Related News

CARSALES CEO RETIRES AS NEW COMPETITOR COX FINALISES MERGER

CARSALES will have a new CEO as it takes on a fresh challenger to its crown as the dominant online car sales portal i...

BUSINESS CONFIDENCE AT A SIX-YEAR HIGH

SMALL and medium businesses have entered 2017 with their confidence at a six-year high, building on strong gains m...

CONSUMERS PESSIMISTIC ENTERING 2017

CONSUMER confidence remains at its weakest point since April 2016, according to the latest Westpac Melbourne Institut...

RISE OF STARTUP SUPPORT PROGRAMS NOT AS ROSY AT IT SEEMS

ENTREPRENEURIAL cultivation companies in Australia are appearing quickly, but questions have been raised about whe...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter