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ADI Global Distribution is a wholesale distributor of security, pro-AV and low-voltage products for contractors, installers, and resellers. [1] The company has over 190 locations throughout North America, Puerto Rico, Europe, the Middle East, and Africa.
Honeywell spun off the Homes and Distribution business in October 2018 as part of a corporate restructuring program. The new company was named Resideo. Shares in the company began trading on the New York Stock Exchange under the ticker symbol REZI. [6] [7] [8] Roger Fradin, a former vice chairman of Honeywell, was named board chair. Mike ...
The acquisition was completed on June 14 of 2024. Resideo will integrate Snap One into its ADI Global Distribution. This will provide integrators with increased selection of 1P and 3P products through ADI branch stores and expand Control4's presence throughout the world. [41]
US stocks closed mixed on Friday amid a low-volume day of trading following the Thanksgiving holiday. The Dow Jones Industrial Average closed up about 0.3%, or more than 100 points higher, while ...
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In October 2017, Honeywell announced plans to spin off its Homes, ADI Global Distribution, and Transportation Systems businesses into two separate, publicly traded companies by the end of 2018. [63] In 2018, Honeywell spun off both Honeywell Turbo Technologies, now Garrett Advancing Motion, and its consumer products business, Resideo.