Aktio expands Southern Cone business 100% in H1

Wednesday, November 16, 2011

Latin American IT products distributor Aktio's Southern Cone sales expanded by roughly 100% in the first half of the year compared to 1H10, company VP Leonardo Gannio told BNamericas.

"For full 2011, we're expecting our sales in the Southern Cone to grow in the double digits," he said, without providing hard figures. "Our operations in the countries where we have business are experiencing double-digit growth year by year."

Aktio sees significant growth opportunities in Latin America and is placing a special focus on Brazil and Chile, Gannio added.

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The company is experiencing solid growth in the government and banking and financial segments, he said.

Aktio, a unit of Brazilian IT firm Grupo Ação, has offices in Brazil, Argentina, Uruguay, Colombia and Chile. The company provides solutions from manufacturers such as Oracle (Nasdaq: ORCL), IBM (NYSE: IBM), CA, Lenovo and US software firm Novell.