ScanSource Europe, a leading value-added distributor of specialty technologies, including voice, data and video communications products, through a wholly owned subsidiary, has received German Regulatory approval and has completed its purchase of Algol Europe, a value-added distributor specializing in convergence and communications solutions. In addition, the company has expanded its management team with the promotion of Xavier Cartiaux and the addition of Patrick Zaman and Marianne Nickenig.ScanSource initially entered into a definitive agreement on November 3, 2009, to purchase substantially all of the assets of Algol Europe. Following this final approval and the transaction closing, Algol Europe officially became ScanSource
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