Argosy Components has entered into a definitive purchase agreement with IEWC, a US-based distributor.
With 20 locations across eight countries, IEWC is a global provider of connectivity solutions for sub-assemblers, OEMs and the broadcast and communications industries. In addition to UL and CSA certifications, IEWC maintains partnerships with a range of the industry’s suppliers and customers.
As the world of digital communications has continued to grow around the globe, IEWC has expanded its capabilities within the broadcast and communications marketplace with offerings in the United States, Canada, United Kingdom, Germany and China. It is hoped that Argosy’s presence in the UK, United Arab Emirates and South East Asia will help to bolster IEWC’s growing broadcast and communications initiatives, while offering Argosy access to IEWC’s globalised distribution network and on-site service offerings.
“As IEWC continues to strengthen its investments within the broadcast and communications industries, choosing partners and solutions that will truly enhance the IEWC customer experience has been of the utmost importance,” stated Roger Caynor, IEWC’s VP of broadcast and communications. “With Argosy, their proven track record with supplier partners and customers will allow IEWC to continue to raise the bar on our offered solutions.”
Chris Smeeton, Argosy sales director (pictured), commented, “Together, Argosy and IEWC are an extremely natural fit due to the similarities both companies share in their customer-centric business models. We’re excited for the opportunities this deal will create not only for Argosy and IEWC, but the enhanced support and expanded product breadth we will be able to offer our customers within the broadcast and communications markets.”
Argosy will continue to operate under the current name and retain the same sales and operations teams.