Advantus Corp Acquires Certain Assets of Artistic Products LLC
December 14, 2021
Advantus Corp., a privately held manufacturer of consumer and office products, acquired certain assets and brands (Artistic, NuDell and Timekeeper) from Artistic Products LLC. Artistic Products will retain other product lines (including Softalk and LED signs) and continue operating out of Hauppauge, New York under a new name; Advantus said the purchase strengthens its position in the office products channel.
- Buyers
- Advantus Corp.
- Targets
- Artistic Products LLC
- Sellers
- Artistic Products LLC
- Industry
- Consumer Products
- Location
- New York, United States
- Transaction Type
- Divestiture
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