DGI Supply Acquires $35M Houston Company
DGI Supply, Des Plaines, IL, a DoALL Company, has acquired Groves Industrial Supply Corp. of Houston, TX. Groves is a $35 million, full-line industrial distribution company which focuses on providing MRO products to the Houston market.
"We hope to use this acquisition to expand our reach in the Houston market and strengthen our MRO supply capabilities throughout our global distribution network," said DGI Supply's Senior Vice President Dave Crawford.
Groves will continue to operate under its current name and management.
DGI Supply's announcement comes in the wake of a massive build-up in manufacturing and construction activity in Houston. Hurricane Katrina rebuilding efforts and rising oil prices are principally responsible for the increased ...