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Resideo Technologies, Inc. (REZI) has acquired Norfolk Wire & Electronics, based in Richmond, Va. Norfolk is a regional distributor of security, telecom, network and audio-video related products, supplies and tools. Norfolk serves customers across the mid-Atlantic region.


RTTNews | Apr 1, 2021 06:08AM EDT

06:08 Thursday, April 1, 2021 (RTTNews.com) - Resideo Technologies, Inc. (REZI) has acquired Norfolk Wire & Electronics, based in Richmond, Va. Norfolk is a regional distributor of security, telecom, network and audio-video related products, supplies and tools. Norfolk serves customers across the mid-Atlantic region.

"ADI is core to Resideo's long-term growth, and this acquisition aligns with our strategy to identify and execute on tuck-in acquisitions that accelerate ADI's expansion in adjacent categories. The products and services of Norfolk Wire & Electronics complement ADI's existing offerings and expand our reach into an attractive growth market," said Jay Geldmacher, CEO of Resideo.

Read the original article on RTTNews ( https://www.rttnews.com/3182014/resideo-technologies-acquires-norfolk-wire-electronics-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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