Enthone Inc., has acquired select intellectual property and other assets of A Brite Company headquartered in Garland, Texas. A Brite will continue to do business as A Brite, and as an Enthone distributor.
Enthone says the asset acquisition and synergism strengthens Enthone’s and A Brite Company’s global technology portfolios, while substantially expanding both companies’ market presence throughout the southern United States and Mexico.
“This transaction is an excellent strategic fit as we continue to extend our direct sales team throughout North America and increase our growing footprint in the building hardware industry," says Terrence Copeland, Vice President of Enthone Americas. "It also provides an enabling pathway to introduce innovative and cost-effective technology solutions for a wide range of markets and applications worldwide.”
Frank Dunigan, Owner and Chief Executive Officer of A Brite said: “Terry Copeland and his team have proven to be valued partners that both the A Brite Family and our customers can trust and rely upon. All A Brite team members impacted by the agreement have now joined the Enthone Family to ensure a seamless transition for our valued customers.”
Copeland said the asset acquisition reinforces Enthone’s commitment to the North American market and further bolsters the company’s recent additions of direct sales and technical service personnel hired over the last twelve months. The agreement, signed on March 1, also includes mutually beneficial support opportunities for both companies.
Incorporation of the acquired A Brite intellectual property assets and personnel into the Enthone commercial and technical organizations is presently underway. Copeland said A Brite customers will continue utilizing their current points of contact in what is being termed a “no-stress” agreement that enables customers to benefit from the combined synergies of both companies.