Dicker Data to acquire SIT Division of Hills Limited

SYDNEY, AUSTRALIA: Dicker Data Limited (ASX: DDR) entered into a conditional business sale agreement (BSA) to acquire the Security and Information Technology (SIT) distribution division of Hills Limited (ASX: HIL) in Australia. The price is estimated to be in the range of $20 million. Dicker Data and the Hills SIT division share only three mutual…

Ambertech Limited to acquire Audio Visual Division of Hills Limited

SYDNEY, AUSTRALIA: Ambertech Limited has reached an agreement to acquire the Audio Visual (AV) Distribution business of Hills Limited. The acquisition, which is subject to certain conditions and final approval by Ambertech shareholders, is expected to complete in mid December 2019 and includes the Hills AV businesses in Australia and New Zealand. Under the agreement…