FT. LAUDERDALE, Fla. — American Changer Corp. reports that it has finalized an asset purchase agreement with Rowe Bill Changers LLC, a U.S. manufacturer of self-service money changers used in several markets, including coin-operated laundry, car wash, amusement, and vending.
Terms of the acquisition from Valley-Dynamo were not revealed.
American Changer says the deal “unites two reputable brands” and further enhances its mission “to remain at the forefront of ingenuity.”
Products and parts for Rowe changers will continue to be sold under the Rowe trade name and trademark, a name that American Changer says has been associated with quality and dependability for over 50 years.
Products and services will be provided from American Changer’s manufacturing and corporate center based here in Florida.
“We are extremely pleased to welcome customers familiar with Rowe Bill Changers, parts and services in the American Changer family,” the new owner says in a statement. “Rowe’s proud heritage and sector expertise positions American Changer for sustained growth, particularly as we leverage the best of all technologies and our superb team, while continually expanding our product offering. We aim to provide superior customer service, creating and maintaining satisfied customers around the globe.”
American Changer says its team works closely with distributors, operators and OEMs worldwide in a variety of venues, endeavoring to provide secure, automated, and practical money-handling solutions with an emphasis on lowering installation and operating costs, maximizing machine uptime, enhancing revenues, reducing pilferage and improving profits.