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
Location
New York, United States
Transaction Type
Divestiture

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