DASCO: Watsco Completes Acquisition of DASCO Supply

MIAMI, April 04, 2019 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has completed the acquisition of DASCO Supply, a distributor of air conditioning and heating products based in Whippany, New Jersey.Founded in 1974, DASCO Supply operates seven locations in New Jersey, New York and Connecticut. They serve more than 2,500 air conditioning and heating contractors and offer approximately 15,000 SKUs of air conditioning and heating products for both residential and commercial use. DASCO had revenues of approximately $56 million in 2018.Albert Nahmad, Watsco's Chairman and CEO, commented: "DASCO has a wonderful legacy and is a ...Full story available on Benzinga.com