Technology Research Corporation has acquired the assets associated with the Shoreline Reel® product line owned by TDI Products, Inc. (TDI) of Atlantic Beach, Florida. The financial details of this transaction have not been disclosed.
Technology Research Corporation is a recognized leader in providing cost effective engineered solutions for applications involving power management and control, intelligent battery systems technology and electrical safety products based on our proven ground fault sensing and Fire Shield® technology. These products are designed, manufactured and distributed to the consumer, commercial and industrial markets worldwide. The company also supplies power monitors and control equipment to the United States Military and its prime contractors.
The asset purchase includes the Shoreline Reel® product line, trademarks, inventories, customer relationships and intellectual property related to the cord and hose reel business. TDI will retain ownership of certain other assets including real estate.
TDI develops, produces, assembles, promotes and sells manual and motorized cord and hose reels, marketed under the Shoreline Reels trademark, for recreational vehicles, boats and other industrial applications.
Oaklins' team in Jacksonville advised the buyer in this transaction.
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