Moglix expands its distribution footprint with 100 % acquisition of ADI India
India’s B2B e-commerce and digital supply chain solutions pioneer, Moglix today announced the acquisition of ADI’s India distribution business to spread its arms further into industrial goods distribution. ADI’s India business represents the Indian distribution arm of ADI Global Distribution, a leading global wholesale distributor of security, AV and low-voltage products, which is part of Resideo Technologies, Inc.
Moglix has acquired ADI’s India distribution business with an aim to strengthen its product portfolio across video surveillance, access control and fire control products. Moglix will integrate all ADI India’s offerings, sales partnerships, on-ground assets and the workforce into its global supply chain ecosystem. With this acquisition, Moglix is leveraging the capital and expertise to further scale up the assortment strength, and category depth of the company’s catalogue by 2X.
“ADI India’s addition to Moglix ecosystem enables synergies through their on- ground customer touch points and distribution footprint combined with our asset-light digital-first approach and touchless supply chain processes.”,adds Partha