The 2020 Mid-Year Economic Update_long

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 activity.

About the Author
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.

By subscribing, you are agreeing to MDM’s Privacy Policy.

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

0

articles left

This is your last free article

Subscribe to MDM Premium today and 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.