Argosy has been acquired by US-based distributor of wire, cable and wire management products IEWC.
Argosy’s products include racks, cables, connectors and distribution units.
The Buckhinghamshire-based business will continue to operate under the Argosy brand and will retain the same sales and operations teams.
Argosy sales director Chris Smeeton said: “Together, Argosy and IEWC are an extremely natural fit due to the similarities both companies share in their customer-centric business models.
“We’re excited for the opportunities this deal will create not only for Argosy and IEWC, but the enhanced support and expanded product breadth we will be able to offer our customers within the broadcast and communications markets.”
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