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Since 1986, Distec has been representing partner brands in Benelux and France, importing, storing, selling and shipping their products, and taking care of marketing, sales promotions in the field, logistics and the after-sales service. These ranges of massage, weighing, electrical muscle stimulation, skincare, haircare, pain relief and audio products bring in €13 million in revenues.
Initiative & Finance invested in 2016 as a majority shareholder, alongside former individual shareholders, to organize a transfer of ownership and managerial control to the MD, who was promoted to head of the group.
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Add-on acquisitions
