Larson Co. announces two acquisitions
The Gustave A. Larson Co. of Pewaukee has purchased certain assets from Pameco Corp. in seven states and has acquired Jensen-Klich Supply Co.
Larson will now be operating 14 former Pameco locations in Colorado, Utah, Idaho, Nebraska, North Dakota, South Dakota and Minnesota.
The move is designed to establish a major presence for Larson in the Colorado, Utah and Idaho markets, and helps strengthen Larson’s customer service to it’s customers in the states of Nebraska, North Dakota, South Dakota and Minnesota, said Andrew Larson, president of Gustave A. Larson Co.
"The branch teams in these locations have had a strong commitment to customer service. This is a tremendous opportunity for our company to work with them, and achieve the long-term growth potential that these markets offer," Larson said.
The Klich acquisiton is designed to establish a major presence for Larson in the Iowa and Nebraska markets. Jensen-Klich has branches in Omaha and Lincoln, Neb. and Clear Lake, Cedar Rapids and Des Moines, Iowa.
"This acquisition further establishes Larson as an industry leader and a major regional player in the consolidation of the highly fragmented HVAC/R industry," Larson said.
Jensen-Klich Supply Co. works in the Iowa and Nebraska residential new construction markets with three locations in Iowa and two locations in Nebraska. The company’s products include Armstrong Air Conditioning Products, Magic Pak multi-family comfort systems, Lennox Hearth Products, Heatcraft Refrigeration Products, Snappy sheet metal products, Tecumseh compressors, and Hart and Cooley registers and grilles.
The Larson company is a wholesale distributor of commercial refrigeration and HVAC products. Its products include residential and commercial HVAC equipment and accessories and commercial refrigeration products. Following the completion of these transactions, the company will operate 45 locations serving customers in 13 Midwestern states.
May 30, 2003 Small Business Times, Milwaukee