Palo Duro Hardwoods Acquired by Eugen Lägler GmbH

 

DENVER, Colorado (October 7, 2015) – Palo Duro Hardwoods, located in Denver, Colorado, has announced its acquisition by Eugen Lägler GmbH, headquartered in Frauenzimmern, Germany. The deal was finalized on October 1.

Palo Duro, a wholesale distribution company, has been the exclusive North American importer and sales agent for Lägler since 1995. Under the new business model, Palo Duro’s former Vice President, Jeff Fairbanks, will serve at its President.

Eugen Lägler GmbH was founded in 1956 and is credited with developing the first wood flooring belt sander. Today, under the management of Karleugen Lägler, Lägler is recognized world-wide as a leader in sanding equipment and technology, and has manufactured more than 50,000 Hummels.

A major focus for the new Palo Duro team will be training. “During the past few months,” says Fairbanks, “Lägler has been collaborating with us to design and build a new training facility in Denver. As many wood flooring contractors know, for several years now, Lägler has hosted a training event at its headquarters in Germany, paying for travel, hotel and meals for all attendees. The new facility in Denver will allow us to significantly increase the number of training events we can host.”

Both Palo Duro and Lägler share a commitment to long-term relationships with suppliers, customers and employees, and look forward to building upon their shared culture of quality, passion for the industry, and teamwork.

A grand opening will be held at Palo Duro’s headquarters on November 12. Key Lägler staff will be in attendance at the event.