Completion of the Acquisition of Maurer Manufacturing
Wednesday, December 9, 2015
Dethmers Manufacturing Company (Demco) has announced the completion of the acquisition of Maurer Manufacturing.
Demco and a group of investors acquired Maurer Manufacturing from Bob & Peg Maurer back in 2000. At that time Lakes Enterprises was formed and operated with the brand name of Maurer Manufacturing. Since that time Demco and Maurer each operated as separate companies with individual management teams for either company, while at the same time sharing many resources between the companies when possible. Now in 2015 Demco has acquired the balance of the stock of Maurer Manufacturing from Lakes Enterprises. With this acquisition now complete Demco has purchased Maurer Manufacturing in its entirety.
Demco will continue to operate the manufacturing facility in Boyden, Iowa and the Maurer Manufacturing facility in Spencer, Iowa. The Spencer facility provides us the opportunity to work in two different communities in northwest, Iowa. This also affords Demco the opportunity to expand our labor force into a larger geographic area and to source the very best labor talent available for positions in manufacturing, clerical, administrative, transportation, and throughout either location of the company.
The corporate identity of the company will be Demco. While each product will then remain branded under the name to which they have been developed and marketed over the years. IE: Maurer products will continue to be marketed under the Maurer brand and Demco products will continue to be marketed under the Demco brand.
Demco is a 3rd generation family owned and operated business. Celebrating 50 years as a corporation in 2014, operating out of Boyden, Iowa since inception. Demco is a manufacturing company for agricultural sprayers, lawn & garden sprayers, grain carts, gravity flow wagons, liquid fertilizer application equipment, hydraulic surge brake actuators, ball couplers, brake assemblies, KarKaddy tow dollies, tow bars, HiJacker 5th wheel hitches, tow dollies & auto transport trailers to the national rental industry. Maurer product categories include, combine grain tank extensions, combine header transports, semi hopper bottom grain trailers, semi drop deck trailers, gondola & end dump trailers in the scrap recycling industry.