TAMPA, Fla. — Dow Electronics, a leading independently owned consumer electronics (CE) distributor, has finalized an agreement with Audio Video Warehouse to acquire certain assets of the Scottsdale, Ariz.-based wholesale distributor.
Dow Electronics has assumed operations in both of Audio Video Warehouse’s former locations. The acquisition brings new customers and new vendors, as well as increases territory agreements with current Dow vendors to cover Arizona, New Mexico, the Metro Las Vegas area and more, according to an announcement.
The acquisition sets up Dow Electronics for future growth with new vendors, territory and customers, says Dow Electronics President and CEO John Yodzis.
“This acquisition continues Dow’s growth and expansion in the custom integration industry,” Yodzis says. “We are very excited to start building lasting relationships with new customers and vendor partners. Our team is ready to show customers the benefits and support available when doing business with Dow. In addition, I want to thank our existing vendor partners, whose support has been tremendous in helping us achieve our vision.”
“We appreciate Dow’s commitment to the industry and to its customers,” says Patrick Boyer, general manager of Audio Video Warehouse. “With new product opportunities and Dow’s customer service, we believe our customers are in good hands. We look forward to continuing to support the customers and DOW in our role as manufacturer reps.”
Dow Electronics operates six locations serving Alabama, Arkansas, Delaware, Florida, Georgia, Kansas, Louisiana, Maryland, Mississippi, Missouri, New Jersey, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Puerto Rico, the US Virgin Islands, Virginia and Washington, D.C
The parties closed the transaction on Dec. 11, according to the announcement.
