Consumer Goods M&A » By The Online Investor Staff, updated Wed., Apr. 24, 8:29 AM
Recent mergers and acquisitions in the Consumer Goods M&A category.
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Slide #66. ADDvantage Technologies Group, Inc. — Nave Communications
Acquirer:
ADDvantage Technologies Group, Inc. (AEY)
Acquiree:
Nave Communications
Details:
ADDvantage Technologies Group, Inc. ("ADDvantage") (Nasdaq:AEY), a provider of a comprehensive line of new and used cable television system-critical network equipment and hardware from leading manufacturers, today announced that it has acquired Nave Communications Company ("Nave"), a provider of quality used telecommunication networking equipment. Nave will do business as a standalone division of ADDvantage Technologies Group, with founder Doug Nave named President of the division.
ADDvantage Technologies Group provides wireless infrastructure services for wireless carriers, tower companies and equipment manufacturers, and distributes and services a line of electronics and hardware for the telecommunications industry. Co.'s segments are: Wireless Infrastructure Services, which provides wireless infrastructure services primarily consist of the installation and upgrade of technology on cell sites and the construction of new small cells for 5G; and Telecommunications, which provides telecommunication networking equipment, including both central office and customer premise equipment, as well as repair and testing services for telecommunications networking equipment.
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