Envela expands electronics-trade-in capabilities with acquisition

Dallas, tx / accesswire / june 10, 2021 / envela corporation (nyse american:ela) ("envela" or the "company") announced today that its subsidiary cex holdings, llc ("cex") has purchased the assets of cexchange llc, a leader in electronics-trade-in services for retailers. envela believes this acquisition will bring promising synergies of cost reductions and efficiencies, and contribute to revenue and earnings accretion to shareholders.
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