Niraj
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Redington India, incorporated in 1961, commenced the operations in
1993 distributing information technology products. From then on the
company has continuously expanded its operations across India covering
a broad range of IT and Telecom Products.
Redington (India) Ltd acquired Redington Gulf FZE (Middle East and
Africa operations) in April 2004 from its Promoter, Redington
Mauritius Limited. Redington Gulf FZE was setup as a subsidiary in
1999 by Redington Mauritius Limited for catering to Middle East and
African markets. Leveraging its experience earned over the years,
Redington Gulf FZE expanded its operations to 17 countries in the
Middle East and Africa. Redington (India) Limited also acquired
Redington Distribution Pte Ltd (Singapore, Bangladesh & Srilanka
Operations) as well as Cadensworth (India) Pvt Ltd in April 2005.
In December 2004 the Synnex Group, the third Largest IT Distribution
Company in the world headquartered in Taiwan, with a turnover of over
USD 10 billion, made a strategic investment of 36% in Redington
(India) Ltd.
In March 2006 ChrysCapital, a private equity firm, acquired 11 percent
stake in Redington (India) Ltd through their investment company
Beethoven Limited, Mauritius.
Redington through all its subsidiaries distributes products from over
40 Leading Manufacturers, services over 12000 channel partners in
India and 2800+ channel partners in Middle East and Africa. The
company is the second largest distributor of IT products in India and
the largest in the Middle East and Africa.