Power Distributors acquires assets of Magneto Power
Power Distributors, a Columbus, Ohio-based provider of sales, marketing and distribution solutions for the outdoor power industry, announced Aug. 3 that it has acquired the assets of Magneto Power, LLC. Power Distributors has a tradition of providing innovative solutions to lawn and garden dealers and retailers and is excited to extend that capability to new markets. The combined company will have more than 230 employees serving more than 16,500 lawn and garden dealers and major retailers.
“We are excited to announce the addition of Magneto Power to our company as we continue to expand our national footprint,” said Matthew Finn, president of Power Distributors. “The addition of the three Magneto Power distribution centers and sales territory expands our presence west and provides us with an attractive platform for providing national solutions for our partners. As we move forward in 2015, we continue to see outstanding opportunities, and we are well situated to further execute on our growth strategy.”
Established in 2014, Power Distributors was formed from the combination of leading regional outdoor power distribution companies Atlantic Power, Central Power Systems, Preferred Power and SEDCO. Power Distributors supports customers in 26 states from five distribution centers. Power Distributors provides state-of-the-art distribution and fulfillment, dedicated field sales, customer service and technical support for many the outdoor power equipment industry’s biggest and best known brands. For more information about Power Distributors, visit www.powerdistributors.com.
Magneto Power is a regional wholesale distributor of outdoor power equipment and replacement parts. Magneto Power serves customers in 11 states from three distribution centers located in Minnesota, Texas and Oregon. To learn more about Magneto Power, go to www.magnetopower.com.
