Preferred Power, Inc. (PPI) of Charlotte, N.C., and Power Distributors of Columbus, Ohio, have agreed to merge their operations effective July 1, 2014. Both distributors have been engaged in the Outdoor Power Equipment industry for more than 65 years.
This combination will blend the talents and resources of both companies to provide a more robust product offering to customers in the Northeast, Midwest, Mid-Atlantic and Southeast. In addition, the combination will deliver broader coverage, enhanced technology, and increased financial strength that will optimize service solutions for customers in all regions. The combination of these two award-winning distributors represents more than 125 years of outdoor power equipment experience.
PPI is excited to offer its customers the expanded solutions and distribution capabilities of the new, larger company, and expect that this transition will have minimal impact on current service. PPI’s current customers will continue to work with their existing account management teams.
“The combination of our two long-established family businesses is exciting,” said Matthew Finn, president and COO of Power Distributors. “We look forward to building on each distributor’s unique heritage, while focusing on the common goal of supporting our customers’ evolving business needs. Our combined strengths will allow us to expand product and service offerings, while providing valuable and innovative solutions to our customers.”
PPI President David Harry, added, “We could not ask for better business partners than the team at Power Distributors, and we are excited about the new opportunities that this merger will provide in the future. We also look forward to offering our current customers an expanded product offering coupled with the high level of service and support that they have come to expect from Preferred Power.”