PromoMAX Acquires Northern Specialty Co.
The Distributor Exchange announced today that New Berlin, Wisconsin-based distributor PromoMAX has acquired Republic, Michigan-based distributor Northern Specialty Co. The parties were introduced to each other by The Distributor Exchange, and The Distributor Exchange guided both parties through the sale process. Financial details of the transaction remain confidential.
PromoMAX, an independent distributor affiliate of iPROMOTEu, has been in business since 2016.
“Northern Specialty has a loyal customer base and great staff in place," said Sheri Steinle, owner of PromoMAX. "PromoMAX is excited about the opportunity to utilize the technology and resources available, to offer a more expansive product selection, and to add a larger marketing resource team to this customer base. We want clients in this market to have access to the newest and latest trends in the industry.”
“Facilitating the sale of a distributorship where both the buyer and seller are happy is what we strive to achieve in all instances," said Bob Schwei, managing director of The Distributor Exchange.
For more information on PromoMAX, visit www.promo-max.net. For more information on The Distributor Exchange, visit www.thedistributorexchange.com.