Simpson creates 9th branch with acquisition of another industrial distributor
Burlington, ON -- Apr. 2, 2003 -- S.B. Simpson Group Inc. has purchased industrial distributor Kingsway Industrial...
Burlington, ON — Apr. 2, 2003 — S.B. Simpson Group Inc. has purchased industrial distributor Kingsway Industrial Supplies Services Ltd. of Peterborough, Ont.
Kingsway is a general line industrial distributor, and shares similar product lines and customer types with S.B. Simpson Group. Peterborough is a natural geographic expansion for S.B. Simpson, moving east from its Oshawa, Ont., operation. The company was purchased from John Thompson and Jim Fairs, who will remain with Kingsway in their current roles.
The Kingsway purchase adds a ninth operation to S.B. Simpson’s branch network, which also includes pneumatic specialist Systematic Fluid Power in Kitchener, Ont. Other S.B. Simpson locations include Ajax, Burlington, Mississauga, Oakville, Owen Sound, Oshawa and Stratford, all in Ontario, Canada.
The S.B. Simpson Group is a privately held Canadian corporation, owned by the Simpson family and headed by president Craig Simpson.