ScanSource Europe becomes an independent company after $30m sale to private investor

ScanSource Europe has become an independent company after splitting from its US parent in a $30m sale. The US distributor first announced plans to sell off its hardware business across Europe, Latin America and South America in August 2019. It said the combined assets up for sale are worth $623m in annual revenues with the majority of that stemming from Europe. It later found a home for its product business across Latin and South America this summer in the shape of Intcomex, but the search...