Ex Panasonic Exec To Take Over Vann’s
Greg Regelbrugge, vice president national accounts, Western U.S., is leaving that post today to become president and CEO of Vann's.
Holding company McMagic Partners LP, part of the Khaledi Group, closed a $4.5 million dollar deal on the bankrupt consumer electronics and appliance dealer Tuesday. The Texas-based Khaledi Group manages dozens of companies, including the HK Global Duty Free chain of electronics stores.
The new company, Vann's Acquisition LLC, will retain the retailer's five stores throughout Montana, as well as The ON Store, a boutique retailer that focuses on Apple and related digital products; and, at least for now, Bigskycountry.com, an online retailer of outdoor products and apparel.