Minnesota-based supplier Crystal D (asi/47759) has acquired Las Vegas-based Crystal Impressions (asi/47782) in a deal that was completed on June 2. “We are fortunate to acquire this high-quality company,” said Chuck Dahlgren, president of Crystal D. “This acquisition is a strategic decision, focused on growing our business portfolio and offering more options to our customers.”
Per the terms of the agreement, Crystal Impressions will retain its brand identity, although it is relocating its production facility to St. Paul, MN. Orders will be processed as usual and Crystal Impressions is not expecting any interruptions in service. Crystal Impressions’ Chris Robbins, Allison Robbins, and Jessica Ellis will be moving to Minnesota to continue the company’s operations. “We truly believe that this acquisition will give our customers, and Crystal D’s customers, a diverse product offering that is unavailable anywhere else in the crystal award and gift industry,” said Chris Robbins, executive vice president.
Halo Acquires Chesapeake Business Solutions
Top 40 distributor Halo Branded Solutions (asi/356000) has acquired Hanover, MD-based distributor Chesapeake Business Solutions (asi/161467). As part of the transaction, Chesapeake’s sales team and key administrative personnel will now join Halo, as will Neil Van Malderghem, the company’s founder and president. “Neil and his team have built a great business and will help us expand our footprint in an important market with blue-chip clients,” said Dale Limes, Halo’s senior vice president of sales. “We are pleased to reward them for their efforts.”
Halo’s Baltimore-area salespeople will now relocate to Chesapeake’s office. “Halo recognized the value we place in our client relationships, and shared our vision of the potential we can achieve with strong financial, technological, and marketing support,” said Van Malderghem. “The end result is an opportunity to better serve our current clients while we focus on acquiring additional business.”