Europalco, Portugal’s largest distributor of AV equipment, has announced a new phase of expansion and innovation with its transformation into a group of companies, which it calls “the empowerment ecosystem”. Europalco hopes this strategic move will strengthen its portfolio. The three companies are New Audiovisuais, Rise, and Av Tech.
After 27 years in the audiovisual sector, Europalco says it will maintain its central role by empowering all the companies in the group.
Pedro Magalhães, CEO of Europalco, said: “The creation of the empowerment ecosystem is a natural step in Europalco’s evolution. We believe the synergies between New Audiovisuais, Rise, and Av Tech, backed by Europalco’s expertise, will ensure sustainable growth while reinforcing our commitment to talent and innovation in the audiovisual sector.”
He added: “The transformation of Europalco into an ecosystem of companies brings new energy to the audiovisual market in Portugal. More than a group of companies, we are a living and dynamic system where people’s talent plays a central role in our strategy for growth and innovation.”
He concluded: “Since its founding 27 years ago, Europalco has continued to stand out as a hub for attracting and retaining talent. A great group is not built just on the names of its companies, but on the unique talent of all the people who have come together to create the largest audiovisual ecosystem in Portugal.”
