Dakota Supply Group acquires Honold & La Page
Dakota Supply Group (DSG) announced the impending acquisition of Honold & La Page (H&L) in an asset purchase effective July 1, 2020.
H&L is a third-generation, family owned distributor of plumbing, heating, electrical, PVF and industrial supplies located in Sheboygan, WI. Bill Honold, current president of H&L, will remain to assist with the transition before his planned retirement at the end of the year. Long-time H&L Vice President, John Kuznacic will lead the DSG Sheboygan location. The company will operate as Honold & La Page, a DSG company for a period of time before transitioning to the DSG brand.
Paul Kennedy, DSG CEO commented, “We are thrilled to welcome the Honold & La Page associates to the DSG team of employee owners. H&L has been a customer-focused, market leader in the Sheboygan area for 88 years. This addition is well suited for our acquisition growth strategy and provides us a strong platform for further growth in Eastern Wisconsin.”
Bill Honold, president of H&L adds, “I am confident that DSG is the best partner to further grow the business for the benefit of our employees and customers. DSG brings resources and expertise to H&L that will enhance our value in the market. My grandfather and father would be pleased to know that the company and all its employees will continue into the future as a 4th generation of owners.”