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Garland Acquires DryDog Barriers

Thursday, January 24, 2013

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Hoping to expand its waterproofing reach and take advantage of an improving home construction market, Garland Industries Inc. has announced the acquisition of DryDog Barriers LLC, of Charlotte, NC.

Garland Industries Inc.

Under the agreement, DryDog will operate under the Garland Industries' GMX brand of waterproofing systems.

Terms of the deal were not disclosed.

Under the agreement, DryDog will merge with Cleveland, OH-based GMX Inc., a wholly owned subsidiary of Garland.

Founded in 2004, DryDog provides waterproofing systems and services to residential and commercial segments.

GMX is a manufacturer and supplier of below-grade waterproofing products for the building envelope and says it is the only ISO 9001: 2008 certified manufacturer of residential and commercial waterproofing systems.

Matched for Development

“The partnership with DryDog positions our newly merged company to take advantage of the gradual improvement of the new residential construction market and better suits us to pursue commercial waterproofing opportunities,” said Tom Carney, general manager of GMX.

Operating under the GMX brand, DryDog will assist in the development of innovative products for moisture and air flow management, according to Lindsay Castles, president of DryDog.

   

Tagged categories: Acquisitions; Below grade waterproofing; Garland Company; Mergers; Waterproofing

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