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PinballSales.com merges with Belgian Elaut
Published:  06 November, 2008

Industry Veteran Jack Guarnieri has taken his PinballSales.com company which he founded in 1999 and merged it into one of the nation's biggest operating companies, Elaut USA, Inc, formerly Monduce, Inc.

Company President Neal Rosenberg spearheaded the merger which has been in the works for the past six months. Eric Verstraeten and his family, which own Elaut in Belgium, owners of Monduce, were in a search for more than a year directed by Rosenberg to find a new CEO for the company.

The new combined parent company will now be known as Elaut USA, Inc. which Guarnieri will be an equity owner of as well as it's CEO. In the next year the company expects to have combined sales in excess of $16 million and has a finger in every segment of the industry as a manufacturer, operator, distributor, service company and as a consumer enterprise which will continue selling through the http://www.pinballsales.com/ web site which averages 2,300 unique visits a day.

Guarnieri who has been closely involved in Monduce as a consultant since mid June has been familiar with Monduce operations and it's people since 1997 while he was at Mondial, then parent company of Monduce.

"This is a natural fit for both companies" Guarnieri commented. "PinballSales.com has a revenue stream that evens out the seasonal aspect of location operations. It also gives the new entity a leader with a vision for the future not just in operating but in continuing to grow profits and continue to build a distribution network for the storied Elaut line of products in the United States.

"Our buying power is about $5 Million dollars worth of amusement product in just the next year alone" said Guarnieri.  He continued, "There some very exciting opportunities for us ahead and we intend to capitalize on current market conditions to our advantage". "We are very optimistic and we will make our own luck. The harder we work, the luckier we will get.







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