Distribution Solutions Group’s Operating Company, Gexpro Services, Enters into Agreement for Small, Highly Strategic Acquisition
Distribution Solutions Group, Inc. (DSGR)
Company Research
Source: Business Wire
Expanding into Southeast Asia to Grow and Support OEM Customers’ Wallet Share FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ: DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today announced that its operating company Gexpro Services signed an agreement to acquire Tech-Component Resources Pte Ltd (“TCR”), a small and growing Southeast Asian distributor of fasteners, mechanical components, and other industrial products serving OEM customers and related applications. TCR is headquartered in Singapore, and its second location is in Malaysia.“We are excited to partner with TCR to establish a beachhead operation for Gexpro Services in Southeast Asia,” said Robert Connors, Chief Executive Officer of Gexpro Services. “This highly strategic acquisition allows Gexpro Services to expand our geographic footprint and pull through products and service capabilities to serve existing customers and continue to grow market share. In addition
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DSGR
Earnings
- 10/31/24 - Miss
DSGR
Analyst Actions
- 11/6/24 - Barrington Research
DSGR
Sec Filings
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 8/27/24 - Form 4
- DSGR's page on the SEC website