BSH Ends "Relationship" with Hadco
Submitted by advisor on Tue, 02/01/2005 - 2:19am.
Effective February 21, 2005 BSH has terminated its relationship with HADCO. BSH will direct sell to dealers in the Southeast (AL, DE, GA, MD, NC, SC, TN, VA, and DC, and selected parts of AR, FL, and MS). The thing about a soap opera is that it's never really over, but possibly the train wreck aspects of this soap opera are now officially behind BSH, and the expensive process of rebuilding can begin.
So let's summarize:
- Hadco distributes Thermador in Southeast for many many years.
Everyone is happy. - BSH convinces Hadco to expand into New England to take over from Clark. Hadco Northeast created: April 2002
Something then happens, BSH is thought to be happy, and Hadco is thought to be unhappy, but no one is confirming what happened or who is happy. Soon, it is generally believed, everyone is unhappy. - BSH buys out Hadco Northeast: December 2003
BSH is probably unhappy, and Hadco is probably happy and relieved. - Hadco buys Viking's southeast distributors and starts distributing Viking: February 2004
Viking is relieved, Hadco is happy with a vengeance, and BSH is certainly unhappy, if not desolate but no one is confirming who is and who is not happy, nor the relative levels of said happiness. - BSH stops distributing through Hadco Southeast, ends relationship with Hadco: February 2005
BSH is likely relieved, while Hadco may have no opinion......
Is this the last chapter? Stay tuned.

