PTL International Acquires Poland’s Largest Apple Retailer
Malta/Poland: PTL International, a subsidiary of Hili Ventures, has acquired SAD, Poland’s largest retail network of Apple products.
The acquisition also comprises SAD Corporate, SAD’s business-to-business arm and major provider of Apple solutions for business in Poland.
Established in 1991, SAD is one of Poland’s fastest growing IT companies. It enjoys three key statuses as Apple Premium Reseller, Apple Authorised Training Centre, and Apple Authorised Service Provider.
PTL International draws all Hili Ventures’ diversified technology activities into one business cluster. It is engaged in four core IT areas: retail, business solutions, borderless value added services, and communications.
SAD encompasses a chain of 21 stores, operating under the iSpot brand. The stores are located in key malls in major Polish cities, including Warsaw, Krakow, Gdansk, Gdynia, Wroclaw, Lodz, Poznan, and Katowice. A 22nd store, a two-storey flagship, will be inaugurated in late July and will feature a sizeable service centre. This will be the ninth iSpot in Warsaw.
SAD also operates an extensive online proposition.
SAD Corporate provides supply and integration solutions, technical assistance and training to corporate, local government, and individual clients, including leading Polish television and cable operators, educational institutions, corporate IT divisions.
SAD is a provider of technology for major Polish public and commercial TV stations, including TVN, TVP, and Polsat, telecom operators such as Orange Polska, cable television, local schools and various educational institutions.
SAD’s headquarters and warehousing facilities are located in Warsaw. In its entirety, SAD employs just under 250 people. To ensure business continuity and enjoy the benefits of localized management, Andrzej Paluszynski, until now SAD’s CEO, will continue to lead the company as Managing Director.
“The acquisition of SAD positions PTL International among the most diversified IT organisations in Malta,” PTL International Chief Executive Officer Kenneth Spiteri said. “PTL International now boasts an extensive team in seven countries reaching out across Central and Eastern Europe, and the Middle East and North Africa. Going forward, PTL International and SAD will fuse their knowledge and expertise to add even more value to SAD’s proposition to individual and business clients.”