DSI CE Buy Makes O’Rourke Largest Supplier of TVs to Independents
Distributor O'Rourke Sales bought the CE, appliance, furniture and bedding businesses of DSI Systems, the companies said in a Monday announcement. The acquisition makes O'Rourke the industry's largest supplier of TVs to U.S. independent retailers, they said. After the DSI…
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buy, O’Rourke signed a distribution agreement to supply Nationwide buying group members with “a wide variety of product lines,” O’Rourke said. With the CE divestiture, DSI will now make satellite, broadband, security and related accessories part of its core business, DSI said. With AT&T’s DirecTV buy now complete, “there is a huge opportunity for DSI to grow this core part of our business,” it said. “We anticipate double digit growth in residential sales, while adding additional products to our portfolio, which our satellite dealers can take to market.” Terms of O’Rourke’s DSI buy weren't disclosed.