Melrose Talks of Disposing of Nortek

Are Elan, Speakercraft, Niles, Proficient, etc. In Play Again? Melrose PLC, owner of Nortek, including Nortek Security & Control, is openly talking to U.K. media about the likelihood of selling off Nortek – saying, in essence, their work is done, … Continue reading

Nortek Calls Off Discussions with United Technologies

Nortek, Inc. announced late Thursday that it has called off talks with an unnamed party who had tendered an unsolicited offer. According to the Wall Street Journal and as we had previously reported, that suitor was United Technologies. Nortek stock … Continue reading

Investment Advisor on Potential Nortek Acquisition: ‘Nortek is a Bit of a Train Wreck’

After the Wall Street Journal revealed late last month that United Technologies Corp. (UTC) was in talks to potentially acquire Nortek, Inc., we questioned why UTC would even want to acquire Nortek. Within days of our post, investment advisory firm … Continue reading

Azione Unlimited Adds Select Core Brands Lines

Azione Unlimited, a national buying group of specialty retailers and integrators, said today it has added several lines of products from the Core Brands’ stable of brands to its mix. The Core Brands lines added include BlueBOLT, Furman, Panamax, and Xantech. See more … Continue reading

Nortek Management Scrambles in Wake of Troubling Q2 Results

Company Loses Almost 6% of Total Market Value in Just a Few Hours Nortek, Inc. released the results for its fiscal second quarter after the market’s close on Monday and took the unusual step of issuing optimistic performance guidance for … Continue reading

Hot Time in the City, It’s CE Week Again

New York City in June sees temperatures rise in response to the onset of summer and also, hopefully, in response to the launch of the hottest new technologies being shown at CE Week at the Metropolitan Pavilion and Altman Building … Continue reading

Core Brands Awards The Bulk of Its Brands to Atlantic Integrated For NY Metro

Core Brands, LLC, a division of Nortek, Inc., announced Tuesday that Atlantic Integrated, a Rockleigh, NJ-based sales representative company, has been awarded most of its brands for representation in the New York Metropolitan region and Fairfield County, CT. This appointment … Continue reading

New Marketing VP for Core Brands Zeros in on a Key Problem

Core Brands continues to rejigger its team as we mentioned in our Breaking News SYNCH earlier this week. And one major step in this process took place in September 2013 when Core Brands surprised many by announcing the appointment of … Continue reading

Core Brands to Significantly Downsize Their Sales Rep Network

BREAKING NEWS *EXCLUSIVE* Just three weeks ago, we had the opportunity to speak with Core Brands Senior Vice President of Marketing Paul Starkey, who confirmed information we had received from multiple sources about an impending announcement of significant changes in … Continue reading

EXCLUSIVE: Core Brands Set to Announce Sweeping New Initiatives April 1st

Core Brands, a division of Nortek, Inc., will announce sweeping new structural and marketing initiatives this coming Tuesday, April 1st, Strata-gee.com has learned from multiple sources. In a recent post on parent company Nortek, we alluded to sources telling us … Continue reading