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Dalco release 12.3

December 03, 2010
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NEW BRIGHTON, MN, Dalco Enterprises, Inc. a leading Midwest distributor of Janitorial and Sanitation (“JanSan”) supplies announced today that it has acquired Gold Eagle Supply, also a distributor of janitorial and sanitation supplies.
Gold Eagle Supply (GES), a JanSan market leading distributor headquartered in Marquette, MI, with a branch in Sault Sainte Marie, MI, serves the Upper Peninsula, MI area (UP). Its customers include institutional facilities in the healthcare and education markets, as well as building service contractors and casinos, which is a direct parallel to Dalco’s customer base.
"The acquisition of Gold Eagle fits well with our strategy of growing our customer base within the Midwest territory" said Ted Stark, Dalco’s President. “I am excited about the opportunity to add both great people and quality customers to our team. Gold Eagle’s philosophy and the philosophy of Dalco are very similar. Their service orientated approach makes it a perfect fit with the culture at Dalco. We believe the acquisition offers numerous opportunities to expand our service and delivery, and grow sales. Additionally, joining the Gold Eagle team to the family of Dalco strengthens our position as a regional distributor in the JanSan market. The transaction provides our current and future customers the benefit of Dalco and GES’s combined expertise and local service. This powerhouse of experience will be leveraged to better assist our customers and their businesses to maintain safe and healthy surroundings for their customers and employees.”
Jim Buis, Director of Business Development at Dalco states “We are always open to considering future opportunities that will strengthen our customer base and increase our reach and frequency of services and products we offer”.
About Dalco
Dalco is a full-line distributor of commercial, institutional and industrial cleaning supplies and equipment.
Dalco’s regional market area covers the state of Minnesota, parts of Wisconsin, Northern Iowa, and the Upper Peninsula of Michigan. Distribution locations include Dalco’s corporate headquarters in Minneapolis, with branch facilities in Duluth, Rochester and La Crosse.
Since starting business in 1959, Dalco employs approximately 150 professionals. Its continued growth has been on a "service philosophy" that addresses the total needs of its customers. Dalco strives to provide a 360 degree approach to cleaning and maintaining facilities which includes free bi-monthly educational seminars, online training, preventive maintenance products and programs, professional building sustainability audits and more.
About Gold Eagle Supply
Gold Eagle Supply was originally established in 1976 as a part-time business supplying the local iron mines with cleaning chemicals, gloves, and safety supplies.
Over time the product mix was shifted to feature janitorial supplies and the customer base expanded to include a mix of area businesses within Marquette, Alger, & Delta counties. In 1995 GES expanded its customer base into the Eastern Upper Peninsula by adding a salesman and establishing a warehouse location in Sault Ste. Marie. By 2000 the original business had outgrown its Marquette warehouse and a new location was built in the River Park Industrial Park.
The combined operations have made Gold Eagle Supply the Upper Peninsula''s largest volume locally owned distributor of sanitary supplies and equipment.
Gold Eagle Supply features the Upper Peninsula''s only full-time, factory-authorized janitorial equipment service center.
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