Retail group SandpiperCI has reached agreement to buy iQ, the only Apple Authorised Premium Reseller and official Apple Service Provider in the Channel Islands.
Sandpiper says the acquisition is part of the group's strategy to develop its business through new partners and brands.
Its CEO, Tony O’Neill, commented: “This is another milestone for Sandpiper and a move into the technology market. We’re intending to build on IQ’s success by investing in additional marketing and resources, particularly around business-to-business areas."
iQ has stores in both Jersey and Guernsey. There will be no redundancies, but Sandpiper expects to be recruit more staff as the business develops.