Descours and Cabaud to Acquire BMG Metals
Deal will bring BMG and Dillon Supply Company under same roof.
Descours and Cabaud Inc., a French Industrial and Steel Distributor, announced today that it has purchased a controlling interest in BMG Metals Inc., a Richmond, Virginia based steel service center. Descours and Cabaud currently has more than 560 locations throughout Europe and North America, including Dillon Supply Company, an Industrial and Steel Distributor based in Raleigh, North Carolina.
Though Dillon Supply Company and BMG will combine strengths to service their industrial customers more efficiently, BMG will continue to operate autonomously as it has since the company’s inception in 1963.
Bery Gay, BMG’s Chief Operating Officer, and Tom Gay, BMG’s President, will continue managing the day-to-day operations of the company, while Dean Wagoner, Vice President at Descours and Cabaud Inc., will take over responsibility of overseeing the U.S. holdings.
Descours and Cabaud Inc., established in 1782, conducts business mostly in Europe, with 385 outlets operating under the Prolians brand and 138 outlets with Dexis branding. (http://www.descours-cabaud.fr)
Dillon Supply Company, established in 1914 and acquired by Descours and Cabaud in 1979, operates 27 locations throughout the southeastern U.S., with locations in North Carolina, South Carolina, Virginia, Georgia, Kentucky, Indiana and Tennessee. (http://www.dillonsupply.com)
BMG Metals Inc. is headquartered in Richmond, Virginia with 7 locations covering Virginia, Maryland and North Carolina. (http://www.bmgmetals.com)
CONTRACTOR SUPPLY MAGAZINE
The April/May 2024 issue of Contractor Supply magazine is here!
This digital edition is sponsored by BECK AMERICA Inc.
Our cover story, Masters of Fasteners, visits Interstate Screw Corp. of metro Miami, which serves the fastening needs of south Florida, the Caribbean and Central and South America.
Also in this issue,our Industry Updates cover Adhesives, Tapes and Sealants, Anchoring Systems and Safety and PPE.
This digital edition is fully searchable and contains live links to every advertiser and new product listing. Click away!
