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Detroit Area Wire & Cable Distributors Diversified and Great Lakes to Merge
Michigan-based Diversified Wire & Cable and Great Lakes Wire & Cable announced they have entered into a definitive merger agreement. Diversified, based in Sterling Heights, and Great Lakes, based in Madison Heights, will join to create GLD Group, Inc., a one-stop resource for networking and cabling communications products and services with its headquarters in Madison Heights.
“This strategic merger allows us to offer customers greater value through a single resource that meets all their cabling, design and component needs,” said Dean Stanton, president and CEO, GLD Group. “This unification also becomes the basis for our continued growth and success.”
Diversified Wire & Cable, a distributor and technology solutions provider, fits well with Great Lakes Wire & Cable, a distributor and assembler of custom fiber and copper cable products, the companies said in a joint release. Together the companies will offer full-line wire and cable product distribution, ICT, ESS, AV/Automation, and RF system design and engineering, custom fiber and copper cable assemblies, custom cabinet design and fabrication and industry certification training.
“GLD Group will offer a full suite of services,” said Scott Edgar, executive vice president, GLD Group. “It’s our shared culture and reputation for delivering unparalleled customer service and satisfaction that will continue to be of greatest value.”