◂ Announcements

Jul 22, 2024ACQUISITIONSouth Africa

SMD Technologies acquires Ellies electrical brand

SMD Technologies acquired the Ellies electrical brand and intellectual property, announced on July 22, 2024. Ellies had entered voluntary business rescue in January 2024.

Status

Completed

Productselectrical productsTV aerialssatellite equipment

CompaniesEllies Holdings target SMD Technologies acquirer

Sectors#Electrical Equipment

“Ellies is a trusted name with consumers, given its long-standing heritage.”smdtechnologies.com

1 source
smdtechnologies.comSMD Technologies acquires the Ellies electrical brand - SMD TechnologiesWonderJul 22, 2024

Summarized from public sources; check the original articles before acting on it.

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SMD Technologies acquires Ellies electrical brand · Endata