DAILY NEWS Jul 25, 2014 11:11 AM - 0 comments

Major national distributor acquires smaller 12-branch firm in Ontario

TEXT SIZE bigger text smaller text
2014-07-25

Toronto – Acklands-Grainger of Richmond Hill, ON, a distributor of industrial, safety and fastener products, plans to acquire WFS Enterprises Inc., a distributor of tools and supplies to industrial markets in southern Ontario and the US.

Founded in 1955 as Windsor Factory Supply and based in Windsor, ON, WFS offers customers more than 100,000 products with a focus on safety, metalworking, plumbing, and hand and power tools. The company employs approximately 275 people and has 12 locations, including 10 branches in southwest Ontario, and two locations in the US, in Michigan and South Carolina.

WFS had sales of about C$90 million in 2013.

“This acquisition will create greater customer value through a broader product offering, additional solutions and technical expertise relevant to the manufacturing sector,” said Court Carruthers, group president, Americas, Grainger. “Acklands-Grainger and WFS share a rich history and similar values around great customer service and a strong team focus.”

This transaction is expected to close in the third quarter of 2014.


Horizontal ruler
Horizontal Ruler

Post A Comment

Disclaimer
Note: By submitting your comments you acknowledge that MRO Magazine has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.

Your Name (this will appear with your post) *

Email Address (will not be published) *

Comments *



* mandatory fields