Econocom Acquires Avanzia in M&A Deal

Econocom recently made headlines by acquiring a majority stake in the German ICT AG, and they continue to make waves in the industry with the acquisition of Avanzia, a Spanish ProAV and digital signage integrator. Avanzia boasts over two decades of experience in ProAV and digital signage, establishing itself as a top system integrator in Spain. Their portfolio includes a wide range of projects, from corporate ProAV and unified communications to immersive digital experiences for museums and showrooms.

The recent acquisition by Econocom means that Avanzia will now be part of the Econocom Spain Group, expanding the company’s presence in the Spanish market. This move follows Econocom’s earlier acquisitions in Spain, including Altabox in 2018, a specialist in omnichannel marketing with a focus on digital signage.

This strategic acquisition demonstrates Econocom’s commitment to expanding its footprint in the digital signage and ProAV market. By bringing Avanzia into the fold, Econocom gains access to a wealth of expertise and experience in delivering cutting-edge digital solutions to a variety of sectors. This acquisition also reinforces Econocom’s position as a leading player in the European digital technology industry.

The integration of Avanzia into the Econocom Spain Group not only strengthens Econocom’s position in the Spanish market but also enhances its capabilities in delivering innovative digital solutions to clients across various industries. With a proven track record of success and a team of skilled professionals, Avanzia is well-equipped to contribute to Econocom’s growth and success in the region.

Overall, Econocom’s acquisition of Avanzia marks a significant milestone in the company’s expansion strategy and underscores its commitment to providing top-notch digital solutions to clients worldwide. As Econocom continues to grow and evolve, it will be interesting to see how this acquisition shapes the company’s future and further solidifies its position as a key player in the digital technology landscape.