Deerfield-based United Stationers Inc. said its subsidiary, United Stationers Supply Co., has acquired OKI Supply. Terms of the acquisition were not announced.
Based in Cincinnati Ohio, OKI is the largest independently-owned welding, safety and industrial products wholesaler in the country, serving the gases and welding industry for 75 years. OKI has annual revenues of approximately $150 million, offering 80,000 premium manufacturer-branded and private label products. Operating under the OKI Bering brand, the company sells to more than 9,000 independent distributors across multiple channels in the United States. It also has operations in Canada and Dubai, UAE.
"This acquisition extends our position as the leading pure-wholesale industrial distributor in the U.S.," said Cody Phipps, president and chief executive officer of United Stationers. "OKI's strength in welding and safety, deep product knowledge and commitment to customer service are an excellent fit with our existing industrial platform. Customers will benefit from expanded categories and services. Our operations will be more efficient and better positioned for growth. Our shareholders will benefit from the strong value that this will create."