DAVACO ACQUIRES CONSOLIDATION COMPANY
Acquisition Enhances Strategy to Expand Global Logistics and Consolidation Capabilities
DALLAS, Texas (October 24, 2006) – DAVACO Inc., the leading national provider of retail services and solutions, announces the acquisition of Artistic Consolidations. DAVACO’s acquisition adds another level of expertise and a centralized warehouse facility in La Vergne, Tenn., near Nashville. The additional capabilities seamlessly integrate with DAVACO’s existing retail service offerings to further meet the high-quality needs of the retail industry.
The acquisition of the consolidation company offers national retail brands even broader accessibility to major U.S. cities and further establishes the company’s ability to efficiently manage the overall movement and corresponding logistics of store assets and consumables. As part of DAVACO’s Global Logistics and Consolidation division, the company handles all the details associated with store initiatives including opening kits, promotional and seasonal graphics, fixture packages, owner furnished items and any other required elements needed at the individual store level. With one point of contact and a simplified billing package, the company coordinates sourcing, importing, consolidation, warehousing, fulfillment, delivery, coordination of logistics, tracking of inventory and status on any project. These enhancements integrate with DAVACO’s overall retail services capabilities to execute high-volume rollouts, retrofits, resets and new stores.
“The acquisition of a consolidation company supports our mission of continuing to add value and real solutions that support store initiatives of our national brand retail clients,” said Rick Davis, CEO of DAVACO, Inc. “Offering a range of high-quality services that meet the needs of our clients has always been a priority for DAVACO. This acquisition is just one of many ways we improve on what we do and help our retail clients get their stores open faster.”
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About DAVACO Inc.
DAVACO, the national leading provider of retail services, specializes in the quality management and execution of high-volume rollouts, retrofits, resets, and new stores. DAVACO offers a range of comprehensive services that helps retailers maximize brand presence and profitability at retail. Services include: real estate, design services, project management, logistics and consolidation, store fixture and graphic installations, store and marketing surveys, soft- and hard-line merchandising programs, and sourcing. Founded in 1990, the company is based in Dallas. For more information, visit www.davacoinc.com.
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