TAMPA, Fla. (April 18, 2016) – DOW Electronics announced today that it has reached an agreement with dB South Distributing to acquire certain assets and obtain distribution rights to key product lines and territories of Marietta, Ga. based dB South Distributing.
The parties are working toward a definitive agreement and closing of the transaction near the end of April 2016. Upon closing, this acquisition will bring additional customers and key vendor relationships to DOW Electronics, as well as increase territory agreements with current DOW vendors.
“This acquisition will allow DOW to fortify our position as a leading 12-volt and custom integration/consumer electronics distributor in the states of Georgia, North Carolina, South Carolina, Tennessee, Alabama, and Mississippi”, stated John Yodzis, DOW’s executive vice president. “We look forward to strengthening our existing vendor relationships, while forming new relationships that will help DOW continue to provide the absolute best in products and service to our customers in these territories.”
David Smith, president of dB South Distributing, stated, “We are excited about the opportunity and additional product selections that DOW will bring to our retailers. Once closed, this transaction will provide dB South’s current retailers with access to a much wider and broader product assortment, as well as access to DOW’s infrastructure and expertise. We look forward to working with Dow Electronics in our role as a manufacturers’ representative.”
“We look forward to welcoming dB South’s customers to the DOW Electronics family, and we are excited to provide them with the level of service, commitment, and dedication that has become the foundation of our business for the past 57 years,” added Chip Yodzis, DOW’s president & chief executive officer.
To learn more about DOW Electronics, please visit www.DOWElectronics.com or call 1.800.627.2900.
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