Nycomm Group splashes out on Pennine Telecom
Communications specialist Nycomm Group has purchased the £14m-turnover Pennine Telecom as it gears up to hit the £150m revenue mark.
The Manchester-based organisation employs almost 300 staff from offices in Manchester, Leeds, Altrincham, London and now Bury – the home of Pennine.
Following the deal, Nycomm Group now comprises of four main brands – Nimans (comms distribution), Rocom (specific corporate end user sales), Videonations (audio visual and video conferencing specialist) as well as Pennine.
The group, which currently turns over £100m a year, is spearheaded by chairman and managing director, Julian Niman.
He said: “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.
“Pennine will bring a host of high calibre long term contracts built up over its illustrious history and will also provide the Group with direct access to the Yealink and Interquartz product ranges.
“This will help the Group grow its purchasing power and further extend its geographic reach.”
Employing some 75 staff, Pennine was founded as a two-way radio specialist in 1976.
It was appointed the UK’s first Motorola service dealer and later found success with Greater Manchester Buses as its first client.
Later the company supported both Manchester United FC and City by providing radios to the clubs’ security teams.