Lenovo Acquires Brazil's CCE

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Lenovo Group
LNVGY
today announced the acquisition of the CCE business. CCE is widely known in Brazil as a leader in PCs and consumer electronics. The acquisition significantly expands Lenovo's presence in the world's third-largest PC market, with a manufacturing presence and a full suite of consumer products across all four screens – PC, tablet, smart phone and TV – that define the new “PC+ era”. At the same time, it aligns profitable, fast-growing, consumer focused CCE with a global partner that will boost its overall strength, innovation capability, product portfolio and supply chain resources.
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