Valley-Dynamo, the US-based manufacturer of pool tables, shuffleboards and air hockey tables, has signed an agreement to acquire the Rowe Bill Changer assets from Megatouch.
Rowe Bill Changers will operate as a separate business in Richland Hills, Texas.
"The Valley-Dynamo companies' focus on the coin-op industry and the Rowe acquisition is a perfect fit,” said Valley-Dynamo president Kelye Stites. “Rowe is an industry leader with a proven and well-established reputation in the money handling industry and we welcome all the Rowe distributors and operators to the Valley-Dynamo family of companies."
Tom Kozlik, vice president of Rowe, said the transaction offers “many significant benefits” for owners and distributors of the company’s products.
“Valley-Dynamo is infusing excitement and financial investment that provides compelling new opportunities for Rowe now and in the future,” he said. “Together we will continue to support our valued customers and provide innovative solutions for the money handling industry.”