Dec 23 2009
dck worldwide, a global construction company headquartered in Pittsburgh, Pennsylvania, announced that it has successfully purchased the remaining assets of Dick Corporation. This purchase was completed at a public sale offered through CNA Financial Corporation (CNAF).
“We are extremely proud of our efforts to finalize this agreement; our team did an outstanding job positioning us for the future,” said dck worldwide President and CEO Stephen D’Angelo upon completing the agreement with CNAF.
In May 2008, dck worldwide purchased Dick Corporation’s intellectual property. The purchase of Dick Corporation’s remaining assets yesterday marks the end of an era for the well-known and respected 87-year-old construction company.
D’Angelo will continue as the President and CEO of dck worldwide. Under his direction, dck worldwide offers its core services of construction and construction management in addition to expanding into program management and property development. “My goals for the organization are to provide the right solutions and highest quality for our clients and offer an exceptional workplace to our employees,” he said.
Through this acquisition, the company will focus on the many opportunities to grow with a solid foundation of expertise and skill. dck worldwide has established a strong presence worldwide, with regional offices in Hawaii, Guam, Ohio, Florida, and the Middle East and has recently won a number of significant projects, including:
- The Celebrezze Federal Building Façade Recladding project in Cleveland;
- A design-build project at the Reaction Force Facility at the Naval Submarine Base in Kings Bay, Georgia;
- A design-build construction and renovation project at GTMO Hospital at the Guantanamo Bay Naval Facility in Cuba;
- A number of multi-million-dollar design-build projects for the Navy on Guam; and
- A construction and renovation project to restore the Four Seasons Nevis Resort in the Caribbean after it was heavily damaged by a hurricane.
Source: http://www.dckww.com/pages/home.aspx