Drexel to purchase Affinity Electronics

LONDON and BARRIE – Logistics company Drexel Industries this week announced it will acquire mobile phone accessories and consumer electronics devices company Affinity Electronics of Canada.The acquisition will combine Affinity’s assets and experience as an established mobile phone solutions company with Drexel’s strength in third party logistics, says the company’s press release. “Drexel’s retailer connected digital infrastructure is the catalyst for further growth and expansion into the mobility and connected home arena,” it adds.Financial terms were not disclosed.Affinity and Drexel distribute products through Canadian partners, including: Amazon, Bell, Best Buy, Canadian Tire, Costco, Giant Tiger, Home Depot, Hudson Bay Company,...