Redington acquired 49.4% of Arena Bilgisayar for US$42.484 million.
Arena Bilgisayar is a leading distributor of information technology products in Turkey with a turnover of US$467 million for 2009 and is listed in the Istanbul Stock Exchange.
Redington (India) Ltd, a listed India based company, is engaged in the business of vendor-authorized end-to-end supply chain management of information technology, hardware and software products in South Asia, Middle East and Africa. With a large distribution network and activities in 18 countries, Redington is amongst the largest, supply chain solution providers to over 75 leading manufacturers of Information Technology, Telecom, Lifestyle and Consumer Electronics Products, worldwide.
Pragma acted as the financial advisor of Arena Bilgisayar.