Resideo To Separate ADI Global Distribution

ADI Global Distribution to be spun off by Resideo

The separation will enable the global wholesale distributor of low-voltage products, including security and AV solutions, to organically grow its business and pursue M&A opportunities. The post ADI Global Distribution to be spun off by Resideo appeared first on AV Magazine.

Resideo Plans to Spin Off ADI Distribution, Creating Two Distinct Public Companies

Resideo Technologies has announced its intention to separate its ADI Global Distribution business through a tax-free spin-off to its shareholders. Upon completion of the separation, Resideo’s Products & Solutions business (P&S) will continue to operate as Resideo while ADI will become its own independent public company. Post-spinoff, Resideo says it will continue to operate as a building products manufacturer, remaining focused on residential co…

Resideo To Separate ADI Global Distribution

The tax-free spinoff will create two independent public companies.

Resideo Will Separate ADI Business

Resideo Technologies, Inc. will separate its ADI Global Distribution business through a tax-free spin-off to Resideo shareholders. The post Resideo Will Separate ADI Business, Creating Two Independent Public Companies appeared first on Wifi Hifi Magazine.

Resideo reveals plans for ADI business

Resideo has announced its intention to spin-off the ADI business, creating two independent public companies: ADI Global Distribution (including Snap One) and Products & Solutions, which will continue to operate as ResideoJay Geldmacher, Resideo’s President and CEO, said: “At Resideo, we have instilled strong operational discipline across the enterprise, resulting in independence for each of ADI and P&S. Through continued growth and investment, A…