OT Group has announced a strategic investment in Nectere. The deal marks a milestone for both companies, opening new avenues for growth, product diversification, and digital advancement.
The deal enables Nectere to leverage OT Group’s buying power and ensures continuity and development of the 5 StarTM brand of products for its partners. Nectere will also gain access to a broader range of solutions offered by OT Group, enabling its partners to accelerate their business growth.
The inclusion of Nectere into the OT Group will deliver numerous advantages. Nectere will have the opportunity to tap into OT Group's pool of digital knowledge and expertise, strengthening its digital roadmap and unlocking opportunities to enhance customer experiences, streamline operations, and drive sustained growth in the digital age.
Andrew Jones, CEO of OT Group said, "OT Group's investment in Nectere represents a great opportunity for both organisations. By combining our strengths, we will offer an unparalleled product selection, cutting- edge digital solutions, and unwavering support for our partners' success."
The investment reaffirms OT Group's commitment to its strategic growth initiatives, which include expanding its market presence, driving digital transformation, and ensuring long-term financial stability. By integrating the strengths of both organisations, OT Group and Nectere are poised to deliver unparalleled value, innovation, and customer-centric solutions.
Mike O'Reilly, Managing Director of Nectere added, "We are excited to tap into OT Group's expertise and resources, which will enable us to provide even more comprehensive solutions to our valued partners. Together, we will create a stronger foundation for mutual success."