Posted Date: 12/7/2010
Acklands-Grainger Inc., Canada’s largest distributor of industrial, safety and fastener supplies, today announced it has entered into an asset purchase agreement to acquire the Nova Scotia and New Brunswick business of Wolseley Industrial Products (Amalgamated) Inc., a distributor of industrial, construction, MRO and safety products. Acklands-Grainger expects an incremental sales contribution of approximately $14 million from this acquisition over the next 12 months. The deal was effective December 6, 2010 and terms were not disclosed…
Source : American Fastener Journal – Read full article in the news section