Itancia Continues its Expansion in the Home Repair Market
For more than 30 years, French distributor Itancia has been a recognised player in the corporate electronic equipment repairs segment. With the 2019 acquisition of LM3S, the international group has broadened its target market by working with individuals. LM3S – an expert in home and workshop repairs – is mainly active in the Paris region.
In September 2020, Itancia confirmed its intention of developing this core business and expanding its national coverage with the integration of STVS. The Lyon-based company is currently working with the largest brands in the market, such as Samsung, Haier, Pioneer, Philips, etc.
STVS technicians specialise in two areas: the repair of electronic products: TVs and monitors, hi-fi equipment, home cinema, 3D glasses, remote controls, etc.; and also the repair of domestic appliances: refrigerators, washing machines, dishwashers, ovens, etc.
“We are pleased to welcome the STVS teams to the group as they continue to provide their expertise in the Auvergne-Rhône-Alpes region. This second acquisition enables us to strengthen our service offering to meet the demand of individuals at a local level. From now on, we will be able to create the necessary synergies to develop this business activity – technical diagnoses, sales administration, hotlines, etc. – and, in future, create new branches to cover all of France”, says Itancia's CEO Thierry Le Goff.