Archbrook Laguna, I. Lehrhoff Announce Merger
The CE distributor ArchBrook Laguna announced last month that it has reached an agreement to merge with I. Lehrhoff and Co., a New Jersey-based distributor of appliances and housewares. Financial terms were not disclosed.
Lehrhoff will become a wholly owned subsidiary of Archbook Laguna, and will continue to be led by the Lehrhoff family, but it will now be known as Lehrhoff ABL, LLC.
“Our merger with I. Lehrhoff is a natural evolution of our strategic alliance that now spans over five years,” ArchBrook Laguna’s executive vice president, Peter Handy, said as part of the announcement. “The breadth and depth of our product line, coupled with the I. Lehrhoff portfolio, will allow us to grow vertically with products and customers that entirely complement one another.”