L&W Supply Acquires Texas’ DAICO Supply
L&W Supply Corporation, a leading distributor of high-quality building materials and specialty products in the United States, announced on July 12 that it had acquired the assets of DAICO Supply, which had locations in Carrollton and Fort Worth.
L&W Supply will expand its team of experienced associates and strengthen its presence in the Dallas-Fort Worth market by acquiring DAICO.
The company said in a news release that the new locations bring the total number of L&W Supply locations in Texas to 16, with five serving the greater DFW market.
DAICO was founded in 1986 and has expanded to serve the residential and commercial markets with products such as wallboard, steel framing, insulation, and related products.
Current DAICO employees will continue to work at the locations, ensuring that customers have easy access to the products and expertise they require to run their businesses.
“We are excited to welcome the DAICO Supply associates to the L&W Supply family. Their commitment to customers over the past 35 years has made them a leader in the market,” Charles Collins, vice president of L&W Supply’s Central Region stated.
“This acquisition allows L&W Supply to enhance our service in DFW communities while building deeper relationships with contractors and builders in the area.”
L&W Supply, which was founded in 1971 and is headquartered in Chicago, has nearly 200 locations in 39 states. ABC Supply purchased L&W Supply in November 2016.
