Arrow International’s UK subsidiary, Cowells-Arrow Bingo Company, has acquired the assets of Automatic Machine Services Limited (AMS). The acquisition has given the Cleveland-based manufacturer and distributor entrance into the UK’s gaming machine market.
Cowells Arrow and AMS have had a working relationship since 2017 through supplying bingo tickets, dabbers, lottery tickets and vending machines. Arrow will work with both teams toward expanding existing US electronic gaming products into the UK.
“We are thrilled to welcome AMS into the Arrow organization,” said Tony Lister of Cowells Arrow. “The company’s excellent market position and tenured customer relationships align well with our acquisitive growth strategy. We look forward to working with our newest partner while offering the resources of Cowells Arrow and the broader Arrow group to drive exciting developments.”
Jason Jarrett, Managing Director of AMS, said, “It is amazing that our relationship with Tony and the Cowells Arrow team has brought us to what will be an exciting step forward in the company’s journey. The opportunity to join forces with and become part of the Arrow family will allow us to pursue and realize far greater business opportunities together.”
Arrow acquired AMS from Jarrett, who will continue working with the company at Cowells Arrow.
Lister and Jarrett have maintained a regular dialogue throughout the process. Arrow plans to continue exploring other opportunities to acquire other suppliers and distributors in North America.