DTC 201512010009A
Logicalis acquires Australian ICT services and solutions provider, Thomas Duryea
DATATEC LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
Logicalis acquires Australian ICT services and solutions provider, Thomas
Duryea
Datatec Limited (JSE and LSE: DTC, "Datatec" or “the Group”), the international Information and
Communications Technology (ICT) Group, announces that its subsidiary, Logicalis Group Limited
(“Logicalis”), has acquired 100% of the issued share capital of Thomas Duryea Consulting Pty Ltd
(“Thomas Duryea”), an Australian ICT services and solutions provider.
Established in 2000, Thomas Duryea is a provider of Data Centre, Cloud and Microsoft solutions and
services with operations in Melbourne and Sydney. With annual turnover of approximately
US$50 million and 125 employees, the acquisition will enhance Logicalis’ scale and capabilities in the
Australian ICT market. The acquisition will be paid in cash.
Jens Montanana, Datatec's Chief Executive Officer, commented:
“Thomas Duryea’s professional services capabilities in Cloud and Datacentre are
complementary to Logicalis Australia allowing for a broader portfolio of ICT solutions to
market.
“We are pleased to welcome the Thomas Duryea team to the Group.”
Enquiries:
Datatec Limited (www.datatec.co.za)
Jens Montanana – Chief Executive Officer +44 (0) 1753 797118
Jurgens Myburgh – Chief Financial Officer +27 (0) 11 233 3301
Wilna de Villiers – Investor Relations Manager +27 (0) 11 233 1013
Jefferies International Limited – Nominated Adviser and Broker
Nick Adams/Alex Collins +44 (0) 20 7029 8000
finnCap – Broker
Stewart Andrews +44 (0) 20 7220 0500
Instinctif Partners
Frederic Cornet/Pietman Roos (SA) +27 (0) 11 447 3030
Adrian Duffield/Chantal Woolcock (UK) +44 (0) 20 7457 2020
Sandton
1 December 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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