MADISON HEIGHTS, Mich., Dec. 14, 2015 /PRNewswire/ -- Two industry leaders, Diversified Wire & Cable and Great Lakes Wire & Cable today announced they have entered into a definitive merger agreement to create GLD Group, Inc., a premier, one-stop resource for networking and cabling communications products and services.
"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 market-leading distributor and technology solutions provider, fits well with Great Lakes Wire & Cable, a distributor and assembler of custom fiber and copper cable products. As GLD Group, headquartered in Madison Heights, Mich., it will provide:
- Full-line wire and cable product distribution
- ICT, ESS, AV/Automation, and RF system design & engineering
- Custom fiber and copper cable assemblies
- Custom cabinet design and fabrication
- 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."
Both companies are characterized by experienced, long-standing, customer-facing teams.
About Diversified Wire & Cable
Based in Sterling Heights, Mich., Diversified provides wire and cable distribution, technology system design services, custom cabinet building and industry certification training, incorporating BICSI standards, for a variety of contractors and corporate clients. Diversified Wire & Cable specializes in IT infrastructure, wireless telecommunication, and security products and solutions.
About Great Lakes Wire & Cable
Headquartered in Madison Heights, Mich., Great Lakes is a quality driven TL 9000 company, which provides wire and cable distribution, associated products, and custom fiber optic and copper cable assemblies throughout the United States. Great Lakes Wire & Cable has market-leading positions in the telecommunications, low voltage and industrial cabling markets.
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SOURCE GLD Group, Inc.