Gordon Brothers Buys Archbrook Assets
Gordon Brothers announced Wednesday that it has purchased "substantially all" of the assets of shuttered electronics distributor Archbrook Laguna. It also announced a separate deal to sell certain inventory and intellectual property to SED International.
SED had announced its purchase of the assets earlier in the week.
Gordon Brothers agreed to purchase the Archbrook's "finished inventory, comprised of consumer electronics, computers and peripherals, as well as a diverse inventory of branded housewares," the company said. It also plans to sell more.