Innovation Line Buys Out Interlink Innovations
California-based supplier Innovation Line (asi/62660) has purchased all the assets of Interlink Innovations (asi/62697) of Riverside, CA. “It expands our product line in the trade show and identification categories,” says Eddie Blau, president of Innovation Line/Innovation Specialties. “It also gives us a new line of products we can control and produce in our facility in the United States without the need to go offshore.” Financial terms of the deal were not revealed.
The Interlink name and ASI number will be retained temporarily. None of Interlink’s employees or ownership will be imported into Innovation Line. Interlink first approached Innovation about the deal because the company thought it would be a natural fit for Innovation’s product line. The deal was closed in mid-September. Says Blau: “Our strongest goals are to continue to build an exciting and useful product line for our distributor customers while we continually improve our internal operations to make it easy and gratifying to work with us.”