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Plans to Merge10-04-10 | News

Plans to Merge




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Residex, a structural pest supply distributor based in Roselle, N.J., and Turfgrass Inc., a distributor of turf and ornamental products and services based in Novi, Mich., announced plans to merge.








The owner and CEO, Christopher Donaghy formed Residex LLC, formerly traded as Residex Corporation with corporate headquarters in Clark, NJ.


The distributors reported that they have reached an agreement in principle and plan to conclude the merger by Dec. 1, 2010. The combined companies will operate under both the ''Turfgrass'' and ''Residex'' names using all the same facilities, personnel and operations of each company.

In the combined company, Chris Donaghy will serve as CEO, and Todd Griebe will serve as president.

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