DGI Supply to acquire K & H Sales
DGI Supply, a DoALL Company, announced that it has signed a letter of intent to acquire all assets of K & H Sales Inc. in Northern California.
The owners expect the deal to be finalized by July 1. Gary Walker, the current president, will continue to manage the company after the acquisition.
“K & H’s best assets are its people. Their technical sales force and value-added services are the perfect strategic fit,” said Bill Henricks, chief operating officer for DoALL Company.
K & H Sales has three California locations in San Leandro, Watsonville and El Dorado Hills. DGI Supply intends to broaden the inventory in each location. "The additional inventory will improve service levels, and DGI’s additional buying power, business systems and automated procurement solutions will strengthen K & H’s value proposition. With the K & H inside and outside teams providing the same high level of technical support, this move creates a stronger presence in the local markets,” said Henricks.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
