A-D Technologies, Knoxville, Tenn., is selling its cable laying equipment business marketed under the ARNCO brand name to Plumettaz Inc., Buford, Ga., a subsidiary of Plumettaz Holding SA, Bex, Switzerland, makers of the Plumett brand of cable-laying equipment. Concurrent with this sale, the two companies have entered into a distribution agreement where A-D Technologies will continue to offer placing equipment and trailers under the ARNCO name that are provided by Plumettaz Inc.

Related Topics: Channel Chatter, Mergers & Acquisitions