Valley Dynamo announced that it has signed an agreement to purchase the Rowe Bill Changer Assets from Megatouch, LLC.
Kelye Stites, President of Valley-Dynamo, said, The Valley-Dynamo Companies focus on the coin-op industry and the Rowe acquisition is a perfect fit. Rowe Bill Changers, LLC will operate as a separate business in Richland Hills, Texas. Rowe is an industry leader with a proven and well established reputation in the money handling industry and we welcome all the Rowe distributors and operators to the Valley-Dynamo family of companies.
Tom Kozlik, Vice President of Rowe Changers, said, This transaction offers many significant benefits for Rowe bill changer owners, distributors and stakeholders. Valley-Dynamo is infusing excitement and financial investment that provides compelling new opportunities for Rowe now and in the future. Together we will continue to support our valued customers and provide innovative solutions for the money handling industry.
The transaction is expect to close October 15, 2014.
About Valley-Dynamo Valley-Dynamo is a gaming and sporting goods manufacturing company. It has been the dominant manufacturer of coin-operated pool tables in North America for over 6 decades. The company also manufactures other market-leader brand names, including Tornado brand table football (foosball), Dynamo air hockey and Champion indoor shuffleboard tables, as well as Sun Glo shuffleboard equipment, for both the home and coin-op markets. The company is based in Dallas-Ft. Worth suburb of Richland Hills and has distributors in some two dozen countries. Visit vdlp.net.
About Rowe Rowe has been a leading provider of bill and coin handling products for over 50 years earning a stellar reputation by providing durable and reliable products shaped by operators' requirements. These products are sued by the carwash, laundry, vending, gaming, amusement, family entertainment, parking, education industries as well as zoos and theme parks. Rowe's broad product line of more than 20 models are sold by over 200 North American Distributors. Visit
www.roweinternational.com.
