Dehco Agrees to Buy Elixir ‘Putty/Sealant’ Unit
Dehco Inc., an Elkhart, Ind.-based distributor of building materials and electronics to the recreational vehicle, manufactured housing and marine industries, announced an agreement in principle to acquire the assets of the putty and sealant division of Elixir Industries Inc., also located in Elkhart.
According to a press release, Dehco’s Colorimetric division has been a manufacturer of similar products in the same industries as Elixir for over 35 years. With the additional equipment acquired, Mishawaka, Ind.-based Colorimetric would have the capacity to more than double their current production making this agreement a natural strategic fit.
Dehco has ongoing relationships with the majority of Elixir’s customer base and will continue to provide existing product lines and pledges to service those customers in the “same exemplary manner to which they have become accustomed.” Inquiries should be directed to Patrick Phillips at (574) 294-2684.