On July 1, 2022, TDL Canada (TDL) of Trenton, Ontario, announced the acquisition of Gentek Marketing Inc. ("Gentek"), based in Concord, Ontario. The combined company, TDL Gentek, will be led by Jeff McInnis, President, formerly the CEO of Gentek, reporting to Laurie Tugman, CEO of TDL.
“The combination of TDL Canada and Gentek builds on the strong and successful legacy of two family-founded Canadian companies with over 80 years of technology and consumer product experience. The new TDL Gentek will have the scale, assets, and capabilities needed to deliver nationwide support to our customers, vendors, and partners. TDL Gentek has a bright future as a Canadian distribution powerhouse.” Laurie Tugman, CEO, TDL
Kroll Corporate Finance served as exclusive financial advisor to Gentek in connection with the transaction.
About Gentek Marketing Inc.
Gentek Marketing Inc. is a leading distributor of unified communications and connectivity products. With over 40 years in business, Gentek is always at the cutting edge of what the market needs—and what the latest technology can deliver. WierFoulds LLP served as legal counsel to Gentek.
About TDL Canada
TDL Canada is a distribution company serving retailers, e-commerce fulfillment, and installers nationwide in Canada for over 40 years. Stikeman Elliott LLP served as legal counsel to TDL Canada.