Contec to Buy Replico

Contec Holdings, a provider of repair and refurbishment services for CPE for cable, satellite and IP-based MSOs, has signed definitive agreements to acquire all the assets and operations of Replico. The acquisition, which will be funded from Contec's available funds, is expected to close on Jan. 31. All current Replico employees are anticipated to transition to become Contec employees.

Headquartered in Morgan Hill, CA, and operating facilities in Reno, NV, and Charlotte, NC, Replico's more than 500 employees provide returns management and related logistics services for cable and IP-based MSOs.