Otterbox Acquires Wrapsol
One major accessory maker has purchased another, with the news that Otterbox has agreed to purchase Wrapsol. Financial terms of the deal were not disclosed.
"Wrapsol is a promising company with similar values and similar culture whose product aligns with the OtterBox mission of complete, premium device protection," OtterBox President and CEO Brian Thomas said in a statement.
"Adding Wrapsol to the OtterBox portfolio of world-class protection significantly enhances our ability to provide our customers and consumers an expanded variety of high-quality products."