Wick Hill and Zycko strengthen Austrian business with new office in Vienna
London, Cirencester and Woking, UK: Rigby Private Equity (RPE) announces the opening of a new office in Vienna, Austria. Specialist value-added distributors Wick Hill and Zycko (both part of RPE) already have business in Austria and this move shows the commitment of both distributors and RPE to strengthen and grow activities in that territory.
Paul Eccleston, head of RPE, commented: “Both Wick Hill and Zycko have traded successfully into Austria from Germany in the past and have had many requests from their vendor partners to open an office in Austria itself. We see this is as a serious commitment to the territory, with significant opportunities for the value add, capability and services that both companies represent.”
The Vienna office will be staffed by a strong team of experienced people who will be supported by the core capabilities of both Wick Hill and Zycko. From day one, the Austrian office will have access to the skills of both companies, which include marketing, product and technical support, consultancy and professional services.
David Galton-Fenzi, CEO of Zycko, said: “Having a local resource in Austria will allow us to further improve the focus and level of service we can offer to partners there.”
Ian Kilpatrick, chairman Wick Hill Group, said: “With the continued growth of our business in Austria, it was important for us to open the Vienna office to support our partners.”
Rigby Private Equity, which is building an EMEA-wide high-value, specialist distribution business, was formed in 2015 to identify established companies with both a great value proposition and plans for strong growth, to invest in these companies and to support the acceleration of their growth plans. In July 2015, RPE made a major investment in leading specialist security value-added distributor Wick Hill and in December 2015 added leading specialist services distributor Zycko.
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