Why is Dicker Data stock surging today?

Dicker Data's stock surged 3.9% to A$16.18 after the company announced a binding agreement to acquire Sektor Group, a technology distributor operating in Australia, New Zealand, and Southeast Asia. The acquisition is expected to be completed by the end of October 2026, subject to regulatory approvals. Sektor generated NZD$440 million in revenue and NZD$22.7 million in normalised pre-AASB16 EBITDA for the twelve months to 31 August 2026.

Dicker Data aims to achieve annualised post-integration EBITDA of NZD$28–32 million, with potential upside from cost efficiencies and cross-selling. The acquisition will enable Dicker to expand into new categories, including point of sale and enterprise mobility, and strengthen its physical and cybersecurity offerings.

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