AMG Global Acquires Certain Business Portfolio From Metropolitan Distributors

AMG Global Acquires Certain Business Portfolio From Metropolitan Distributors

AMG Global adds additional products and retail programs to its diverse consumer products portfolio

PR Newswire

NEW YORK, March 28, 2014 /PRNewswire/ — Announced today, Friday, March 28, 2014, AMG Global, a division of NY based Enchante Accessories, Inc., one of the leaders in manufacturing and distributing consumer and professional bath and kitchen hardline and softline products has acquired certain business portfolio assets of Metropolitan Distributors – a fast growing sales, marketing, product development, logistics and in-store services firm based in San Juan, PR. This transaction was completed as a selective business portfolio purchase which includes the products and sales programs of many leading retailers, including The Home Depot. These acquired programs will be completely merged within the operating infrastructure of AMG Global.

“This acquisition marks an exciting step for us at AMG,” commented EVP Aharon Franco. “The businesses of Metropolitan Distributors is an excellent addition to our existing business. With the additional operational and financial support we are able to immediately provide, we are confident in the ability to continue to drive a strengthened partnership and aggressive business growth with our retail partners on these programs,” he continued. The team at Metropolitan Distributors will join the AMG teams to remain engaged in all aspects of sales, development, and program management. The senior management team of AMG Global is actively engaged in ensuring a smooth, business-as-expected transition into this new phase of growth.

About AMG Global

AMG Global, a division of Enchante Accessories, Inc., a privately held NYS corporation is a leader in manufacturing and distributing consumer and professional bath and kitchen hardline and softline products. The company maintains a wide portfolio of products including kitchen and bath faucets, vanities, basins, toilets, and related hardware. Its many well established brands and product offerings are sold through leading national and regional retailers across the globe.

About Metropolitan Distributors

AZC Metropolitan Distributors is a fast growing warehousing, distribution and merchandising company based in San Juan, Puerto Rico. The privately held company specializes in the development and distribution of vanities, toilets, and bathroom related products under a wide array of leading brands to many of the world’s leading retailers. Its warehousing and distribution segments includes several leading companies and well respected brands.

SOURCE AMG Global

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