Synnex Australia set to crack $2 billion revenue

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Synnex Australia set to crack $2 billion revenue
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Sydney expansion 

Synnex's Australian growth means it is now considering an extension to its $45 million-dollar Sydney logistics centre, 14 months after the facility was unveiled.

Chief executive Kee Ong told CRN that an extension is being considered now that the facility is at 80 percent capacity. He said there was room at the site in Lidcombe in Sydney’s west to add another 4,000sqm facility, using vacant land reserved for future growth.

The 10,000sqm Lidcombe facility was shown-off at a launch event in August 2014, and touted as a example of automation within Synnex's global network of 30-40 warehouses. The facility’s warehouse has the capacity for 9,000 stacked pallets. Synnex also has a logistics centre in Melbourne and warehouses in Brisbane and Perth.

While Synnex has been looking for potential acquisitions, Ong said, growth in 2014 was achieved organically: “Even organically we had good numbers. We are very pleased.” 

He said the company still looks for potential acquisitions “from time to time”.

Key announcements since the 2014 financial year include the addition of HP’s enterprise range, the extension of Apple distribution to include MacBooks, and the distribution of Vodafone voice and data plans.

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