Merger of two US cable companies creates GLD Group

Merger of two US cable companies creates GLD GroupTwo Michigan, US-based cable companies have entered into a definitive merger agreement to create GLD Group, a, one-stop resource for networking and cabling communications products and services.

The companies are Diversified Wire & Cable, based in Sterling Heights, Michigan, a distributor and technology solutions provider and Great Lakes Wire & Cable, headquartered in Madison Heights, Michigan, a distributor and assembler of custom fibre and copper cable products.

The merged entity, to be headquartered at Madison Heights will provide:
– Full-line wire and cable product distribution
– ICT, ESS, AV/Automation, and RF system design & engineering
– Custom fibre and copper cable assemblies
– Custom cabinet design and fabrication
– Industry certification training

 “This strategic merger allows us to offer customers greater value through a single resource that meets all their cabling, design and component needs,” said Dean Stanton, president and CEO, GLD Group.  “This unification also becomes the basis for our continued growth and success.”

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