Ambertech will acquire the distribution business of Convoy International in a deal valued at up to $3 million and expected to be completed around 31 January 2023.
Ambertech managing director, Peter Amos said, “We are pleased to be adding prestigious Convoy brands to our portfolio such as NAD, Bluesound and JBL Home. These brands allow Ambertech to expand our solutions for residential installers and specialist Hi-Fi dealers and consolidates our position as the supplier of choice to these markets.”
Ambertech chief operating officer, Robert Glasson added: “Convoy is a business that we have been following for many years. Identifying premium brands, strategic relationships and quality people remains key. Our operations team will now work towards a successful completion and integration of the Convoy business.”
Brands formerly supplied by Convoy that are transitioning to Ambertech will be available to order from 1 February 2023.