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Graham Holdings buys Group Dekko of Indiana

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Staff writer ▼ | November 16, 2015
Graham Holdings Company has acquired Group Dekko, a Garrett, Indiana-based manufacturer of electrical solutions for applications across three business lines: workspace power solutions, architectural lighting, and electrical components and assemblies.
Graham Holdings
Acquisition   Graham is a diverse group of businesses
John May, chief executive officer, and the Dekko management team will continue to run the business. The purchase price was not disclosed.

Group Dekko was founded in 1952. For over 60 years, the company has focused on its current product lines, and has provided manufacturing, design, and engineering solutions to its customers.

Timothy O’Shaughnessy, president and chief executive officer of Graham Holdings, said: “Our acquisition of Group Dekko is part of Graham Holdings’ ongoing strategy of investing in companies with demonstrated earnings potential and strong management that fits with our decentralized operating philosophy.

“We are a diverse group of businesses that share common goals and values but each with its own identity and workplace culture, and with management responsible for its operations.”