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Clover Wireless Completes Acquisition of Dutch Electronics Supply Chain Services Provider Dutch Teleplan
Friday 06 December 2019

6 December 2019 - Chicago, US-based life-cycle management services company Clover Wireless, has acquired Netherlands-based supply chain services provider Teleplan International N.V., the company said.

The deal expands chain solutions for wireless carriers, manufacturers, cable operators, retailers, insurance providers and enterprise businesses.

Financial terms of the transaction were not disclosed.

Teleplan provides end-to-end electronics supply chain services and solutions to customers in more than 120 countries across Europe, the Americas and Asia Pacific.

The company focusses on four main product segments, including Mobile, Consumer Premises Equipment, Consumer Electronics and Enterprises and Infrastructure Equipment, and its end-to-end services are primarily focussed on testing and grading, kitting, repair and refurbishment, reverse logistics and value recovery.

Teleplan is recognised for its R and D capabilities and full suite of tech-enabled testing and diagnostic tools.

Jefferies served as financial advisor to Clover Wireless and Loyens and Loeff N.V. and Kirkland and Ellis LLP served as legal advisors.

Clover Wireless offers a comprehensive services portfolio that includes returns management, repair and reclamation services, customised trade-in and buyback programmes, and device re-marketing through multiple sales channels.

Teleplan International N.V. is an industry leader in life-cycle care and value recovery solutions for technology products, including IoT, mobile, customer premises equipment and consumer electronics.
Date Published: 06/12/2019
Target: Teleplan International N.V.
Country: Netherlands
Sector: Telecommunications
Type: Corporate acquisition
Status: Closed
Buyer: Clover Wireless
Terms of the deal were not disclosed