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LAGUNA TOOLS' ACQUISITION OF DAKE CORPORATION IS NOW COMPLETE

It was announced today that Laguna Tools, Inc, a leading manufacturer of innovative automated machinery in the metalworking, woodworking, and signage industries, has completed the acquisition of Dake Corporation from its parent company JSJ Corporation. 

Dake Corporation is a metalworking company specializing in presses, bandsaws, and other machine tools.  In line with Laguna Tools’ growth strategy, the acquisition of Dake Corporation will provide Laguna with a solid and diverse platform for the continued development of its metalworking line of products and offerings.

Laguna Tools’ CEO Stephen Stoppenbrink comments: “The acquisition of Dake Corporation will build upon Laguna’s presence and market share in the metalworking space.  Dake Corporation has skillfully built its brand, and by combining forces we will take it to the next level.”  Mr. Stoppenbrink adds, “We continue to be impressed by the dedication, loyalty, and skill across the board with the Dake team – we are excited and eager to see what we will all accomplish together.”

“We intend to preserve and build upon the DNA that has made Dake Corporation successful in its industry,” states Brian Rosenberger, COO at Laguna Tools.  Mr. Rosenberger also states: “A company like Dake Corporation that has been in business for well over 130 years knows a thing or two about longevity; we’ll be looking to leverage that knowledge.”

Torben Helshoj, Founder and President of Laguna Tools, Inc says “We welcome the Dake team, its products, and heritage to the Laguna family, and are excited about the future.”  Torben adds “The addition of Dake Corporation will instantaneously further Laguna’s presence in the metalworking world.”

Dake Corporation is the 2nd acquisition for Laguna in the past two years.  In September 2017, Laguna Tools acquired SuperMax, a manufacturer and distributor of sanding/finishing equipment for the woodworking and metalworking industries, successfully growing it multiple times over.

About Laguna Tools, Inc

Laguna Tools, Inc has developed a cult-like following with its innovative automated machinery, serving the woodworking, metalworking, and signage industries.  Laguna’s product offerings range from automated machinery such as three and five axis CNC routers, plasma and laser cutters, to hobby-related equipment such as bandsaws, planers, and table saws.  Laguna Tools, Inc also specializes in equipment such as dust collection, and air filtration systems.

Laguna Tools, Inc. currently occupies two main facilities in Irvine CA (Headquarters), West Columbia, SC, and will be strategically and substantially expanding its operations into a 3rd facility in Dallas, TX scheduled to open February 2020.  Laguna also has a location in Minnesota, and now Michigan with the acquisition of Dake Corporation.

Contact

Brian Rosenberger, COO
Tel: (949) 474-1200 x6134
Email: [email protected]