Grainger Announces Acquisition Of Safety Solutions Incorporated
By Unknown , 2013-12-09 12:00:00
Share to:
Grainger (GWW), the leading broad line supplier of maintenance, repair and operating products serving businesses and institutions, today acquired Safety Solutions Inc., a Dublin, Ohio-based distributor of safety footwear, supplies and services with a strong focus on the manufacturing sector. In 2012, Safety Solutions Inc. had sales of $63 million. The terms of the deal were not disclosed. Including integration costs, Grainger expects the acquisition to be slightly dilutive to earnings in 2014 and slightly accretive in 2015.
"Safety Solutions has a long history of providing great customer service and an impressive offering of safety products and services, making this an ideal fit with Grainger," said Court Carruthers, Senior Vice President and Group President, Americas. "This acquisition extends Grainger's strong position in safety with a leading on-site safety footwear service and a unique benefit management program that tracks purchasing and compliance for customers."
About Grainger
W.W. Grainger, Inc. with 2012 sales of $9 billion is North America's leading broad line supplier of maintenance, repair and operating products, with expanding global operations. For more information about the company, visit www.grainger.com/investor.
About Safety Solutions Inc.
Safety Solutions Inc. is based in Dublin, Ohio, and serves large businesses and manufacturers from the Great Lakes to the Gulf Coast through a multichannel model including a sales team, branches, Shoemobile trucks and service centers.
