Consolidation trend Aug 2006 · Houston / Minneapolis / Chicago
Automated Logic executing strategy of converting dealers into factory-owned branches
ALC framed the Chicago acquisition as a continuation of its strategy to develop factory-owned branches, citing earlier Houston and Minneapolis transactions closed the same year - a roll-up of its own dealer network.
“"This acquisition is a continuation of our strategy to develop factory-owned ALC branches, like the Houston and Minneapolis transactions closed earlier this year, and represents a critical step in establishing a major branch operation in Chicago," said Gerry Hull, president of ALC.”
Entities
Automated Logic Corp. (ALC) · Acquirer
HVAC
Source: www.achrnews.com
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