Starpower Buys Ed Kellum & Son
Starpower Home Entertainment Systems announced Tuesday that it has reached an agreement to purchase the assets of Dallas-based retailer Ed Kellum & Son Appliance Corporation.
The purchase was made through a cash transaction of an undisclosed amount, and is expected to close Sept. 26, the companies said.
"This transaction will make possible the continuation of the highly respected Kellum name in the Dallas market and beyond," Starpower CEO David Pidgeon said as part of the announcement. "This 63 year old brand is a Dallas institution and carries with it a rich tradition of customer service and leadership in both the appliance and audio/video segments."