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Almo company history timeline

1946

Founded in 1946, Almo Corporation is a third-generation family-owned business with approximately 600 employees.

1968

In 1968 Almo was acquired by Sterling Electronics a public company headquartered in Houston, Texas.

1969

The company continued to operate as Almo Electronics Corporation, the largest subsidiary of Sterling, moving its operations in 1969 to a new facility which served as company headquarters for over thirty years.

1970

In the fall of 1970 management re-acquired Almo Electronics from Sterling and continues to operate as a privately owned business.

1973

Morris Green, Almo's founder passed away in late 1973 and was succeeded by the present Chairman, Eugene B. Chaiken.

1998

Following the sale of the Computer business segment to Bell Microproducts, Inc. in late 1998, Almo made a strategic decision to focus its resources on major appliances, consumer electronics and wire & cable distribution.

2001

In August of 2001, Almo moved its headquarters for the third time to a large 160,000 square foot office and regional distribution facility located in an attractive industrial park in Philadelphia, eventually expanding the total warehouse capacity to over 450,000 square feet.

2004

In April of 2004, Warren Chaiken was named President and Chief Operating Officer.

2009

Toward the end of the decade, Almo’s Fulfillment business began to grow rapidly and in 2009, the Almo ProAV division was launched as an entirely new business segment for Almo.

2015

Since 2015, Almo has sustained its strong growth with investments the Almo ProAV Division and expansion into Home Goods while our consumer appliance and premium appliance divisions continued their market expansion throughout the United States.

2021

Move signals Exertis’ intent to expand global technology distribution footprint and accelerate North American expansion plans Philadelphia, United States / Dublin, Ireland – 15th December 2021: DCC Technology, which trades as Exertis and is one of the world’s leading technology distribution

2022

Follows Exertis’ Acquisition of Almo Corporation; Exertis Almo Combines Best of Almo Pro A/V and Exertis Pro A/V; Newly Unified Division Hosts E4 Experience Chicago May 3 Philadelphia, PA — April, 13, 2022 — Almo Professional A/V today announced it

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Founded
1946
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Warren Chaiken
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Almo competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Forney Industries1932$28.0M16912
Clark Associates1971$330.0M622526
Langham Logistics1988$1.5M12534
J M Smith1943$2.3B200-
ACCU1899$1.6M152
Chicago Meat Authority1990$118.1M20026
Pilot Pen1918$160.3M2001
Rastelli Foods Group1976$592.0M7507
Laurel Grocery1922$80.0M411-
American Book1996$222.3M38-

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