SED Buys Archbook Laguna Assets
SED International announced Tuesday that it has acquired the assets of recently shuttered distributor Archbrook Laguna. As a result, SED will open a location in the Northeast, employing some employees of Archbrook and subsidiary Lehrhoff & Co.
The deal includes Archbook's finished inventory, customer and supplier lists, some intellectual property and other assets.
“The acquisition of the ArchBrook Laguna assets is very much aligned with our three-year strategic growth plan to broaden our product offering, diversify our geographic footprint and enhance margins,” Jonathan Elster, President and Chief Executive Officer of SED, said as part of the announcement. “This transaction is a significant milestone toward our vision of becoming a leader in the distribution of technology products and services.