In an aim to broaden its distribution efforts in the
Midwest, Gilford Flooring of Jeffersonville, Ind., has purchased Bruce
Wholesale Flooring, based in Lexington, Ky. Specifically, the company has
“combined the human, product and logistical resources of these two
long-established distribution families” in an effort to “make one of the
strongest distributors in the Midwest,” according to Dennis C. Cook, president
of Gilford Flooring.
Cook toldNational Floor
Trendsthat he started discussing the merger with Bruce Wholesale
in November, shortly after the company’s ownership signaled that they wanted to
exit the distribution business. “The ownership of Bruce Wholesale were
interested in getting out of the business and we were interested in expanding
our business, and in the process securing their customers and product lines,”
he said. “A simple conversation led to more serious discussions. It made sense
for them and for us to work together and make this happen.”
He added that the merger would not
add any new territory for Gilford, which covers Indiana, Ohio and Kentucky, but
would allow the company to grow market share. “We have taken on certain lines that
Bruce Wholesale had previously, including Azrock, Nafco, Somerset Hardwood and
Floor Muffler. We are in an inventory position on all those lines,” Cook said.
“By bringing new products on and some new salespeople, we’re able to get a more
concentrated effort to increase our market share within our existing
geography.”
David Dobbs, formerly vp sales for Bruce
Wholesale, will now serve Gilford as product manager for Nafco, Somerset
Hardwood, Floor Muffler and several other lines that have been added through
the merger. The 30-year veteran will also serve as director of technical
services, including installation training. Former Bruce staffers transitioning
to Gilford are also set to include David Feeback, Heather Leis, John Peck and
Jamie Houtz. “This group will add greatly to our sales team,” noted Jodie
Doyle, Gilford’s general sales manager.
With the purchase, Gilford Flooring
now offers a wider range of products, including Nafco, Somerset Hardwood, Floor
Muffler, Flexco, Azrock, Wilsonart Flooring, Elegance Hardwood and Parakett
Hardwood.
Financial terms of the deal
were not disclosed.
‘Making one of the strongest distributors in the Midwest': Gilford Flooring purchases Bruce Wholesale
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