Air Waves Sells Majority Shares

December 03, 2009

Air Waves Inc., Columbus, Ohio, recently announced that its majority shares have been purchased by local entrepreneurs Kyle Kantner and Michael Leaventon.

Kantner was most recently vice president of business development for AIP Logistics Inc, a warehousing and fulfillment company based in Wapakoneta, Ohio. Leaventon is owner of Strategic Advisors LLC, a Columbus consulting company that works with business owners on financial matters, with a focus on mergers and acquisitions.

Kantner and Leaventon will assume the direct management of Air Waves' day-to-day operations, while founder Stanley Peterson will remain with the company as an advisor. Robert Grawe, chairman and CFO; Kevin Simpson, president and CEO; and Chris Mullins, chief creative officer, all will remain with the company during the transition period.

Air Waves designs, manufactures and distributes heat transfers used for decorating T-shirts and other apparel. The company also distributes preprinted licensed apparel under the International Harvester and Farmall brands. Air Waves also markets under the Country Casuals, Solid Light, Rodeo Rags and Dixie Apparel labels. Kantner and Leaventon indicated they intend to expand this business.

Also, Air Waves does contract screen printing and custom heat transfer manufacturing, which both will remain important business segments, according to the company. The new owners also indicated they expect to expand product offerings to include signage and fulfillment services. — J.L.



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