Edmonton, AB – Commercial Solutions Inc. was advised Jan. 23, 2013 by Industrial Distribution Group Inc. (IDG), that the board of directors of IDG has determined to withdraw IDG’s proposal to acquire the company.
Headquartered in Edmonton, Commercial is an independent industrial distributor with 23 services centres and about 275 employees located primarily in Western Canada.
Commercial offers more than 160,000 items critical to maintenance repair and operations (MRO) and original equipment manufacturer (OEM) customers. The company represents 450 manufacturers and serves more than 11,000 customer accounts within a broad cross-section of industries, including oil and gas, forestry, agriculture, firefighting, food processing, chemical processing, mining, utilities, manufacturing, and construction.
Commercial trades under the symbol CSA on the Toronto Stock Exchange. For further information on the Company, visit www.commercialsolutions.ca.