Wenger Corporation in talks to acquire SECOA
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Under the proposal, the combined entity would be wholly owned and operated by Wenger. The shared vision of Wenger - including its subsidiary J.R. Clancy - and SECOA is to "provide a superior value proposition featuring the highest quality products and services for all stakeholders in the performing arts industry".
A statement continues, "After conducting exploratory conversations, the leadership teams of both organizations became excited about the synergies that exist, both strategic and tactical, with the combination of the businesses. By aligning the SECOA, Wenger and J.R. Clancy brands, Wenger expects to reinforce its position as a unique global provider of the broadest array of solutions in the industry. This transa