TD SYNNEX Division Shyft Global Services to Acquire Cokeva Inc.
TD SYNNEX Division Shyft Global Services to Acquire Cokeva Inc.
Shyft Global Services, a division of TD SYNNEX, has announced it has acquired Cokeva Inc., an industry leader in repair, test and refurbishment of IT equipment with a history of delivering high-quality, cost-effective technology repair and supply chain solutions for technology manufacturers.
The addition of Cokeva expands Shyft's depot repair service capabilities and unlocks additional opportunities for Shyft customers with Cokeva's 220,000-square-foot operation in Roseville, California. This facility holds a certification for ISO 9001:2015 Quality Management Systems and operates a cleanroom to ISO 5/Class 100 standards. The addition of the Roseville facility bolsters Shyft's global footprint, which includes state-of-the-art, certified facilities in Groveport, Ohio; Warsaw, Poland; Tiel, Netherlands; and Tampines, Singapore.
"Shyft Global Services is excited to welcome Cokeva to our global team," said Ron Brinckerhoff, senior vice president, Shyft. "The addition of Cokeva will provide customers the opportunity to leverage a broader range of end-to-end technology services. Adding more than 200 highly trained repair service experts, engineering resources and another world-class facility to our services portfolio will provide significant benefits for both Shyft and Cokeva customers."
Founded in 1989, Cokeva has become an industry leader in the high-complexity, high-value and mission-critical IT repair, test and refurbishment market through its commitment to individualized customer service, impeccable quality, sustainability, competitive pricing and continuous improvements. The company has a long history of exceeding customer satisfaction benchmarks and being a highly rated supply chain partner for original equipment manufacturers (OEMs).
"When making this strategic decision for Cokeva, we knew we had found the right fit for both our employees and our customers," said Ann Nguyen, CEO, Cokeva. "Shyft's breadth of service capabilities — in repair and technology life-cycle services — and commitment to its customers are powerful indicators of what can be expected for Cokeva's employees and customers. We are very proud of what our team has accomplished over the past 30-plus years and can't wait to see what comes next."
"As the go-to repair services partner for many OEMs in IT, telecommunications, medical devices, retail and other industries, Shyft is strongly positioned to deliver on the service quality and customer experience required today," Brinckerhoff said. "This acquisition further highlights Shyft's investment in global sustainability with expanded circular economy capabilities as well as our commitment to providing flexible and eco-conscious repair services solutions that help technology OEMs reach their goals faster."