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Marshfield DoorSystems Inc. to Acquire Bolection Door Marshfield DoorSystems Inc. of Marshfield, Wis., has agreed to acquire Greensboro, N.C.- based Bolection Door, for an undisclosed price. Marshfield says the transaction will create a combined company with a strong presence in both commercial (Marshfield) and residential (Bolection) market segments, as well as manufacturing presence in Wisconsin and North Carolina. The acquisition was expected to be complete by early August. "Bolection's architectural correctness, design capabilities and innovative high-end construction mirror Marshfield DoorSystems' standards and capabilities for high quality doors," said Dick Krant, CEO of Marshfield DoorSystems. "Furthermore, the people at Bolection are passionate about their work and will make a great addition to our team." David Cox and Robert Stuart, co-founders of Bolection, will stay with the business as executives of Marshfield DoorSystems. "We've been impressed with Marshfield DoorSystems' high standards and their commitment to a long-term vision," said Cox. "We're looking forward to joining forces." |
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