NSI Acquires Duro Dyne

NSI Industries reached a deal with Duro Dyne Corp., a sheet metal manufacturer for the heating, ventilating and air conditioning industry.
The acquisitions, Wholesale Sheet Metal and Pile Protections Tops, will expand Munch's geographic footprint to 71 locations.

Huntersville, North Carolina-based provider of electrical product solutions NSI Industries, LLC acquired Duro Dyne Corp., a Bay Shore, New York-based sheet metal manufacturer for the heating, ventilating and air conditioning industry.

Financial terms were not disclosed.

NSI said the acquisition adds the HVAC market to the company’s distribution model with a company that already has a strong foothold in this industry.

Both companies also possess strong operational advantages within their own ranks, including customer service and product development, which allows them to “combine these strengths to even better serve their customers,” NSI said.

“Duro Dyne has built a tremendous reputation with its customers over the years as not only providing first in class products, but also as the easiest company to work with in the market,” NSI CEO G. R. Schrotenboer said. “By leading with these attributes, Duro Dyne naturally aligns itself with NSI and its approach to the marketplace. We welcome the Duro Dyne team to the NSI family and look forward to increasing Duro Dyne’s HVAC/R market share with the added strengths as part of the NSI platform.”

Related Posts

  • Lane Supply M&A

    Distributor of foodservice disposables and janitorial and sanitation products has acquired Millennium Packaging & Distribution.

  • On June 30, industrial blade manufacturer Valley Grinding & Manufacturing announced the acquisition of Quality Edge, a  knife manufacturer with specialization in the food industry.

    Distributor of food service packaging and janitorial supplies marks its 43rd acquisition under its current…

  • While distributors still face major challenges from supply chain backlogs, labor and pricing strategies, the economy seemed to be the biggest topic of concern as we passed the midpoint of 2022.

    Electrical, communications and data networking distributor announces acquisition of St. Louis-based Metro Electric Supply and…

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.