Europe's Nuvias posts double-digit FY22 surge spearheaded by M&A deals

The group has made three acquisitions over the past seven months

Kelsey Rees
clock • 1 min read
Europe's Nuvias posts double-digit FY22 surge spearheaded by M&A deals

European distributor Nuvias Group saw its top and bottom line swell double-digits in its FY2022 financial results, ending April 2022.  It finished the year with sales growth of 36 per cent year on year.  Profits also surged 42 per cent.  The group said growth was both organic and M&A-driven as a result of "strong relationships" in the market and a growing vendor portfolio, coupled with expansions in key geographic and technology areas.  The UK-HQ company continued to invest in its st...

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