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Around the Industry - Dec 21, 2012
Dakota Supply Group (DSG), Fargo, N.D., has acquired Fargo Water Equipment, a distributor of underground pipes, valves and fittings also located in Fargo. This acquisition will strengthen DSG’s product offering for the waterworks industry throughout the Midwest.
Founded in 1962, Fargo Water Equipment serves most of North Dakota and parts of Minnesota and Montana. All 17 of the company’s employees will stay on, becoming part of DSG’s employee ownership group. Along with its focus on the electrical market, DSG also sells equipment for waterworks, plumbing, metering technology, utility, HVAC/R, electrical, communications and automation products.
DSG acquired Wisconsin-based W.A. Roosevelt, a distributor of plumbing, electrical and HVAC products, in January, adding about 100 employees and locations in La Crosse, Madison, New Berlin, Plover and Rice Lake, Wis., to the DSG waterworks offering.
Established in 1898, the employee-owned DSG now has 17 locations throughout Minnesota, North Dakota and South Dakota; five DSG/W.A. Roosevelt locations in Wisconsin and four DSG/MDM Supply locations in Montana. DSG now has nearly 600 employee-owners.