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New Distribution Partnership Between Vertiv and Coscharis Technologies Boosts Local IT Channel Market

Coscharis to Sell Vertiv IT Channel Portfolio in Nigeria and Ghana Under New Distribution Agreement

Lagos, Nigeria [05 September, 2024] – Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has announced the appointment of Coscharis Technologies as a distribution partner in Nigeria and Ghana, with the aim of further providing customers convenient access to Vertiv’s IT infrastructure portfolio and expanding reach across Central Africa within the local IT channel.  

With an established history of more than 30 years, Coscharis Technologies, a subsidiary of the Coscharis Group – a wholly owned Nigerian conglomerate with businesses and interests that span across sectors including automotive, medical, food and beverages, IT, engineering and agriculture – is an authorised distributor of a wide number of recognised IT brands. Through its distribution of reliable hardware and service solutions, Coscharis Technologies caters to niche information, communication and technology markets within Nigeria's public and private sectors and is known to be one of the biggest distributors of information, communication and technology (ICT) brands in Nigeria.  

Gbenga Adebowale, enterprise sales director for Central Africa at Vertiv, notes: “Coscharis Technologies has an excellent footprint and track record within Sub Saharan Africa, and we are delighted to be aligned with such a prestigious group. We look forward to building a successful partnership with Coscharis Technologies, which will provide Vertiv with another highly experienced local distributor and add to our strengths within the Central African region.”  

Dr Emomine Sunday Mukoro, managing director at Coscharis Technologies, said: “Coscharis Technologies prides itself on being ‘a first-class company that deals with first-class products’. As such, we are very particular about which organisations we partner with when choosing to provide their suite of products and solutions.” Mukoro adds that Vertiv has established an excellent level of credibility as a company, with superior products and exceptional service levels, firmly in line with Coscharis Technologies’ focus on quality.  

Vertiv brings its wide industry knowledge, deep technological expertise and over 50 years of experience in critical digital infrastructure services to the partnership, while Coscharis Technologies provides its local channel reach, significant vendor experience, and knowledgeable advice and technical support in servicing its reseller partners.   

Coscharis Technologies has access to all Vertiv products and solutions to offer its customers, including Vertiv’s uninterruptible power supply systems (UPS), power distribution units (PDUs) and integrated solutions, including rack enclosures and prefabricated data centre modules.  

 “We envisage our new partnership as being a symbiotic relationship, where we assist Vertiv with further growth in their Central African presence, and they provide Coscharis and our clients with innovative solutions that will enable digital transformation," concludes Mukoro.  

For more information on how to join the Vertiv Partner Programme, please click here.  

About Vertiv 

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centres, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.  

About Coscharis Technologies 

With a history spanning over 30 years, Coscharis Technologies is part of the Coscharis Group, a Nigerian conglomerate involved in various sectors including automotive, medical, food and beverages, IT, engineering, Tech Academy, and agriculture. As an authorized distributor of numerous renowned IT brands, Coscharis Technologies provides reliable hardware and service solutions, serving specific information, communication, and technology markets within Sub Saharan’s public and private sectors. The company is recognized as one of Nigeria's largest distributors of ICT products.  

Forward-Looking Statements 

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Readers are referred to Vertiv’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.   

CONTACT 

Nicola Read 
T + 27 83 269 2227 
E nicola@pr.co.za

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