Grunau Co. Joins APi Group of Specialty Contractors

Grunau Company President, Paul Grunau has sold the company to APi Group, Inc., a Minnesota-based company now comprised of 29 independently managed specialty contractors from across North America. The sale was effective March 31, 2006.
“While Grunau Company is a financially robust company, I felt strongly that we eventually would need to align ourselves with a larger, more financially capable partner that can help us become an even stronger competitor in our local markets,” says Grunau, who purchased the business from his family seven years ago.
With nearly $1 billion in annual sales, APi Group’s business model is to maintain local management and company identity while sharing corporate and human resources, innovations and economies of scale.
“Grunau Company’s strong culture, industry knowledge and local relationships are important reasons why APi Group wanted us to join their family of companies,” Grunau says.
“As part of APi Group, our managers and employees can learn from 28 other best-in-class specialty contractors, helping us find new and better ways to add value in our relationships with our customers.”
Headquartered in St. Paul, MN, the APi Group companies provide services in specialty construction, distribution, fabrication/manufacturing, fire protection and low voltage systems.
“We are excited about Grunau Company becoming part of our family of specialty contractors,” says Russell Becker, APi Group’s president and chief executive officer.
“Paul and his talented team have built a strong, vibrant company.”