Dicker Data (ASX: DDR) entered a voluntary trading halt today, citing a pending announcement on a proposed material acquisition.
Shares in Dicker Data were suspended from trading before market open after the company lodged a formal halt request with ASX Listings Compliance under Listing Rule 17.1. The halt follows a remarkable run for the stock, which remain at an all-time high close of A$15.57, just 8 cents off the intraday ATH.
It has been a mighty year for DDR holders, who have seen the stock add 53.4% since the turn of 2026, whilst the broader ASX info tech index has fallen 22.19%.
The Acquisition
Dicker Data has agreed to acquire Sektor Group for NZD$138 million (approximately AUD$111.8 million), in a deal that significantly expands the company’s footprint and growth opportunities across Asia-Pacific. Dicker Data can introduce its broader vendor portfolio to Sektor’s reseller base, while Sektor’s products can be distributed through Dicker Data’s network of more than 12,000 partners across Australia and New Zealand.
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Looking at recent financials, for the 12 months to 31 August 2026, Sektor generated NZD$440 million in revenue and NZD$22.7 million in normalised pre-AASB16 EBITDA. Dicker Data is targeting annualised post-integration EBITDA of NZD$28–32 million, highlighting the potential upside from cost efficiencies and cross-selling. The deal is expected to be earnings accretive in FY26, excluding one-off transaction and integration costs.
As Executive Chair and Managing Director Fiona Brown put it:
“The acquisition expands our addressable market, diversifies our technology portfolio and creates meaningful opportunities… to drive long-term sustainable growth.”
Subject to regulatory approvals and other customary conditions, completion is expected by the end of October 2026.
What Next?
The stock looks set to trade normally upon Wednesday’s open, as markets take the opportunity of the evening close to digest the implications of the deal. The setup leading in was one of historic highs, and a market that was clearly supportive. That strength comes with heightened expectations, and the reaction to the quality and price of the deal, amongst other things, will shape what is in store when the stock returns to action.
