ADI Acquires 11 Location Norfolk Wire & Electronics
By John Honovich, Published Apr 01, 2021, 12:07pm EDT
ADI is adding 11 branches in the USA, acquiring Norfolk Wire & Electronics.
What does this mean for ADI's position in the USA? Based on extensive feedback ADI provided to IPVM on this deal, we examine the move and its competitive impact.
Norfolk **** & *********** **********
******* *** ** ********* ranging **** ************ **** to *******, **** *** heaviest ************* ** ******** and *** *********, ** this *** **** ******* to **** *** ******* locations:
*** *** *********** ********* with ******* **** ** Norfolk, *********, **********, ******* and ********.
******* **** *** ************ specialized ** **** '****' and **** **** ******** but ******* **** **** some ******** ********* *****.***, Hikvision, *** *****.
ADI's *********
*** ********* ** **** that **** **** *** North ******** ********* ***** to **** **** ******:
*** *** *** ****** locations ** ***** ********* across ***** *******; *** branches ** ***** *******, 10 ******** ** ******. Additionally, *** *** **** distribution ******* ************* ******* to ****** ***** ******** remain ***** ******* ** all *****.
Rationale - ****-** / ******** **********
*** **** **** **** this *** **** ** a ******** ** '****-**' acquisitions *** ******** **********.
*** ******* **** & Electronics *********** ** ********* for *** ** **** of *** ******* ******** to ******** *** ******* tuck-in ************ **** ***** compelling ****** *************, *** accelerate *** ********* ** adjacent **********. ** ********** key ****** ************* *** ADI ****** **** **************, Residential ** *** *** AV, *** **** ******** to ****** ********** ****-** M&A ********** ************* ****** these *******. ************, ** acquired *** ****** ***** to ** **** ** ADI ****** ************ ** 2020.
Price *** ********* / ******** ** ** ***
*** ********* **** *** acquisition ***** *** *** disclosed. ** ***** ******** it ** ** ** the ~$** ******* ***** as ************ ********* *** typically *** ********** *** net ******* *** *** revenue ******.
*** ******* ***** ** helpful( ******** ****** **** moved, ******** ****, **** had ** **** ** arrogance **** **** **** the **** ****** ******** - **** *** **** friendlier ***); ***** ****** folks *** ****** ***** takers *** ****** ***** have ******* *********** ** input, ***** ** ********, to ***** ******** ** some ** *** ***** distribution ****** ** **** with. ** *** ***'* have * **** ******, many ** *** *** local ****** **** ***'* even ******* ** **** find **** *** *** need. ***** ** ** easy ********** **** *** McDonald's ******** ** *** ADI ********. **** ****; there *** * *** branch ******** *** **** that ** *** ***** mile ** **** *** actually **** * ******* knowledge ** ******* ***** they *****.
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Comments (5)
Undisclosed Distributor #1
***********.
* *** **** *** that *** ******** ******** in *** ******* ***** area *** **** ***-*** for * ***** *** and * *** ** signs ** ** ******* down. ********* * ********** by ****** **** *** is * **** ****. The ******* *** *** easily ****** *** *** traffic ** *** ******* and ******** ***** ******** they **** ********, ** my **********.
*** *** ********* **** is ******* ******* ** the ********** *** ******- I ****** ** *** will ****/****** *******'* ********* branch **** ** ****** it. * ******* **** the *********, ****, *** northern ** **** *** support ******* ******** ***********.
*** *'* *** ** ADI ******** *** *'* not ******* ** ***** financials, ** **** ***** have * **** ********* opinion.
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Undisclosed Integrator #2
********* ** *** **** adopt ******** ******* *********/******* lines?
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Undisclosed Integrator #3
*** ******* *******, **** helpful ***** ** *** distributor ** *** ****.
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