AMI Entertainment Network, Inc., a Harbour Group company, acquired the commercial jukebox assets of Rock-Ola Manufacturing Corp., Jeff Fox, Harbour Group’s chief executive officer, announced. Terms of the transaction were not disclosed.
Since its founding in 1927, Rock-Ola, based in Torrance, Cal., has produced some of the most innovative and well-known coin-operated entertainment products. The company began manufacturing jukeboxes in 1935, and today offers a line of commercial digital jukeboxes addressing the full-range of operator needs.
“We are thrilled to bring the history and strength of the Rock-Ola brand fully into the AMI Entertainment family,” said Mr. Fox. “At Harbour Group, we continue to invest heavily in growth initiatives to support the continued success of our companies.”
“This acquisition is a natural evolution of the AMI/Rock-Ola relationship,” said Mike Maas, AMI Entertainment Network’s president. “The two companies have worked closely together for years. In fact, Rock-Ola commercial jukeboxes have been produced exclusively to connect to the AMI network since last fall.”
The consumer division of Rock-Ola, which is owned by Glenn Streeter, a pioneer and leader in the nostalgic- style jukebox segment, will continue to operate and sell jukeboxes into the residential market.
AMI Entertainment Network, based in Bristol, Penn., a Philadelphia suburb, was formed earlier this year from the merger of Rowe International and Merit Industries, both of which were Harbour Group companies. AMI Entertainment Network and its U.K. subsidiary, Games Warehouse, are market leaders in delivering digital entertainment content, advertising, and equipment to bars, restaurants and other leisure environments.
Harbour Group is a privately owned company based in St. Louis, Mo., with additional offices in Shanghai, China and Bangalore, India. Harbour Group and its operating companies are engaged in the manufacture and distribution of a wide variety of consumer and industrial products, including decorative kitchen and bath hardware, specialty LED systems, linear actuators and switches, automotive-enthusiast products, lubricating systems and equipment, abrasives, diamond cutting products and related tools, entertainment and music networks, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 163 companies in 34 different industries.
