February 3, 2021 By Anthony Capkun
February 3, 2021 – Deschenes Group Inc. (DGI) has acquired Daltco Electric, effective February 1.
“I am excited to be joining DGI and continuing a strong Canadian-owned family business tradition,” said Peter Dalton, Daltco president. “I am confident that, under the leadership of DGI, the organization will continue to cultivate the same strong relationships we have with our customers and suppliers. It is also my belief that Daltco will benefit from the leadership and resources of DGI, now and into the future.”
Based in Kingston, Ont., Daltco is an independent electrical distributor, offering residential, commercial and industrial solutions. It operates three branches (Kingston, Ottawa, Brockville), and has about 50 employees. Since 2017, Daltco has been recognized as one of Canada’s Best Managed Companies.
“This acquisition fits well with our desire to grow further in the electrical market, and with our development and growth strategy across Canada,” said François Deschênes, president & CEO, DGI. “Similar to us, Daltco has an entrepreneurial culture focused on customers. Being a successful company, no changes are expected in the short term in its strategy, its operations or the way it does business.”
Founded in 1940, Deschenes Group Inc. is a private, family-owned company based in Montreal. It is a distributor to the plumbing & heating, waterworks, electrical, fire protection, HVAC/R, control & measurement equipment, automation, and auto parts markets. Since 2009, DGI has been recognized as one of Canada’s Best Managed Companies.
This acquisition enhances GDI’s coverage in the Ontario electrical market, says GDI, allowing it to serve a region in which its activities were limited. Daltco will become DGI’s 14th business unit, and will continue to operate as it currently does, under the leadership of Peter Dalton and his entire team.
Print this page