Myryad Joins Armour Home Electronics

18-Jan-05

Myryad and Armour Group Plc are pleased to announce the acquisition of the specialist British a/v and hi-fi electronics company, Myryad Systems, by the Home Electronics division of Armour Group PLC. The Armour Group have been designing, manufacturing and supplying consumer and custom installation entertainment products for the home for over 25 years.Glenn McClelland, Armour Home Electronicsí Managing Director stated, ìWe wished to strengthen our offering to installers and specialist retailers, by adding an affordable, high quality electronics brand to our portfolio. Myryad fits this bill precisely and will become part of Armour Home Electronics alongside QED, Veda and Goldring.îHe added, ìI am confident the further investment and resources that we can add to Myryadís own renowned expertise will ensure an exciting and successful future for the brand.îMyryad production will continue at its plant near Portsmouth and wonít affect Armourís current production schedules at their new facility in Woking.When interviewed, Myryadís Chris Short said, ìEveryone at Myryad is very excited about joining Armour, which is excellent news for the company.î He went on to say, îOn a personal note, Iím very much looking forward to working in partnership with Armour Home Electronics to develop our dealer and distributor base with additional high quality outlets in both UK and overseas markets.For more information, visit http://www.myryad.co.uk

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