Milestone AV Technologies and Da-Lite Screen Company Announce Merger Completion
by: Milestone AV Technologies | Minneapolis, MN | April 15, 2011
Milestone AV Technologies, manufacturer of Chief and Sanus brand AV mounting and display solutions, and Da-Lite Screen Company, manufacturer of Da-Lite, Projecta and Procolor brand commercial and residential projection screens, today closed their previously announced merger.
The combination of Milestone and Da-Lite creates an industry leader in mounting solutions, AV furniture, and projection screens across both commercial and consumer AV markets. The now united businesses, with nearly 1,000 employees worldwide, have a common culture focused on delivering innovative products supported by superior customer service.
“We are excited to close this transaction, and move forward together bringing even more value to our customers while providing expanded growth opportunities for our employees” said Scott Gill, CEO of Milestone AV Technologies.
Da-Lite will continue to be based in Warsaw, Ind., as an operating subsidiary of Milestone, and under the leadership of current President Richard Lundin.
A formal press event regarding the merger will be scheduled for the infoComm 2011 tradeshow in Orlando, Fla., in June.
The combination of Milestone and Da-Lite creates an industry leader in mounting solutions, AV furniture, and projection screens across both commercial and consumer AV markets. The now united businesses, with nearly 1,000 employees worldwide, have a common culture focused on delivering innovative products supported by superior customer service.
“We are excited to close this transaction, and move forward together bringing even more value to our customers while providing expanded growth opportunities for our employees” said Scott Gill, CEO of Milestone AV Technologies.
Da-Lite will continue to be based in Warsaw, Ind., as an operating subsidiary of Milestone, and under the leadership of current President Richard Lundin.
A formal press event regarding the merger will be scheduled for the infoComm 2011 tradeshow in Orlando, Fla., in June.