Midwest Trading Group Expands Portfolio with Strategic Acquisition of TYLT
Midwest Trading Group (MTG), a leading player in the consumer electronics sector, proudly announces the successful acquisition of TYLT, a renowned consumer electronics company known for its innovative and cutting-edge mobile phone accessories. This strategic move is set to fortify MTG's position in the market and enhance its ability to provide top-notch solutions to customers worldwide.
The acquisition of TYLT brings together two industry leaders, combining their expertise and resources to create a powerhouse of innovation. MTG, with its strong track record of delivering quality products and services, recognizes TYLT's exceptional reputation for pushing the boundaries of design and technology. This acquisition marks a significant step forward in MTG's commitment to delivering unparalleled value to old and new customers.
TYLT's impressive portfolio includes innovative patented product line like the Shield, Ripple and Crest wireless charger, Magsafe Venti, Ringstand, and the 3 in 1 Folio. The acquisition will enable MTG to integrate TYLT's expertise seamlessly, fostering a collaborative environment that stimulates creativity and accelerates the development of groundbreaking accessories.
MTG, with its private equity backing and robust balance sheet, will enhance the level of TYLT's customer support by expanding its customer reach and the suite of accessories currently offered to its valued clients. Larry Nusbaum, MTG's CEO underscored that "MTG is committed to maintaining the integrity and functionality for which TYLT is known, along with increased inventory capacity, technology advances, a diverse supply chain with a more value-oriented pricing approach utilizing direct to factory partnerships. Customers can expect a smooth transition, with a continued focus on delivering exceptional products and service."
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