Riverdale, NJ (May 8, 2018)—German-based Adam Hall Group recently founded a U.S. subsidiary with Adam Hall North America, Inc. and has now purchased key assets from its New Jersey-based North American distributor, Musical Distributors Group (MDG). As a result, the two entities will merge under Adam Hall North America.
The deal will bring together Adam Hall’s brands—LD Systems, Cameo Lighting, Gravity Stands, Palmer and Defender Cable Protection—and MDG’s exclusive distribution brands, such as Höfner, Ultrasone, EBS, Mad Professor and Lock-It Straps.
Steven Savvides, president of the new Adam Hall North America, sees the merger as an opportunity for Adam Hall NA to hit the ground running, noting “Combining our strategic New Jersey-based location, 32 years of industry experience, substantial resources, expert staff, and a well-established network of customers, the partnership will further improve business growth for our existing customers as well as for new ones.”
“The merger with Musical Distributors Group adds to our capacity and geographic presence to reach and service customers in the North American market,” said Alexander Pietschmann, CEO of the Adam Hall Group.
“Steven and his passionate team have done a fantastic job for us over the last years in building a strong customer network and gaining valuable market insights. I’m looking forward to this new challenge and opportunity working together with the team in order to advance our growth plans and ensure that North American customers will gain from improved service and experience,” said Gabriel Medrano, COO, North America.
The deal was signed and completed in the early first quarter of 2018, and the new corporate entity is making plans for exhibiting at InfoComm 2018 in June.
Adam Hall Group • www.adamhall.com
Musical Distributors Group • www.musicaldistributors.com