DMI Direct Metals, LLC is proud to announce the strategic acquisition of Lakeside Construction Fasteners (LCF). This union brings together two powerhouses in the metal construction and industrial fastener markets to create a premier national distribution and manufacturing group.
A core pillar of this acquisition is the continuity of the leadership that built LCF into an industry leader providing alternative fasteners-foam solutions. We are pleased to announce that Eric Velliquette will continue in his role as president and co-founder of Lakeside Construction Fasteners.
Working alongside Andrew Mullen, CEO of DMI Direct Metals, Eric will continue to lead the LCF team, ensuring that the innovation, product integrity and personal service that Lakeside is known for remain at the forefront of the company’s mission.
"I am excited to lead Lakeside Construction Fasteners into this next chapter alongside Andrew and the DMI team," says Eric Velliquette. "This partnership provides the capital and resources necessary to accelerate our growth while staying true to the values and quality that our customers have trusted for years."
Following the recent restructuring of Direct Metals Inc. into DMI Direct Metals, LLC, this acquisition represents the first step in an aggressive growth strategy supported by our new investment partners and internal leadership.
What this means for our partner-customers:
With Andrew Mullen as CEO and Eric Velliquette as president of Lakeside Construction Fasteners, our leadership is more engaged than ever built on a foundation of excellence innovating towards the future. We are committed to the success of our employees, our partner-suppliers and, more importantly, our partner-customers!
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