The digiDirect Group has rescued online technology retailer Mwave from voluntary administration.
Mwave is among the latest acquisitions of The digiDirect Group, following library supplier, James Bennett in May and online bookstore Booktopia in August 2024.
Impacted Mwave staff have been offered employment opportunity by The digiDirect Group.
As part of the acquisition, Mwave will move its operations from its current headquarters in Lidcombe in Western Sydney to The digiDirect Group’s headquarters in South Strathfield, which boasts of state-of-the-art robotics and an automation-equipped customer fulfilment centre.
“The business has been a pioneer in the technology space and enables us to drive scale in a…