Pan-European behemoth ALSO Group has signed a five-year revolving credit facility (RCF) that will fuel it hunt for more acquisiitons across EMEA.
The deal involves a consortium of eight banks led by ALSO's longstanding backers BNP Paribas, Deutsche Bank, Helaba and UniCredit.
CEO Gustavo Möller-Hergt indicated that growth via acquisition is a priority for the Switzerland-headquartered giant.
"This newly promised €300m line of credit and the keen interest shown by the banks are a clear sign of our financial partners' confidence in the solidity, stability and sustainability of our business model," he said.
"We are thereby increasing our financial leeway with regard to the Group's strategic alignment and to further growth by means of potential acquisitions."
The distributor's last major acquisition was of Bulgarian player Solytron, which closed in October.
Solytron claimed it had annual turnover of €110m and more than 30 per cent market share in the country.
It also aquired Polish heavyweight ABC Data earlier this year, which added €1bn to ALSO's top line and launched it into four new countries: Czech Republic, Slovakia, Romania and Hungary, while bolstering its existing operations in Poland and Lithuania.
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