Breaking News Bar
updated: 8/26/2013 2:02 PM

Grainger acquires E&R Industrial Sales

hello
Success - Article sent! close
 
PRNewswire

METTAWA -- W.W. Grainger said it has acquired E&R Industrial Sales Inc., a Michigan-based distributor of metalworking, production supplies and MRO materials to manufacturers and industrial customers across the Midwest and Eastern United States, and its subsidiaries.

Terms of the acquisition were not announced.

Grainger said the acquisition adds an industry-leading team of metalworking experts and extends its capabilities for serving customers in the manufacturing space. The acquisition is effective immediately, and the deal is expected to be neutral to earnings in 2013 and accretive in 2014, including integration costs, the company said in a release.

"E&R Industrial's technical expertise and strong metalworking capabilities, along with Grainger's supply chain excellence, broad product offering and inventory management acumen, will enable customers to save time and money by consolidating their MRO purchases with Grainger," said Court Carruthers, senior vice president and president of Grainger U.S.

Founded in 1969 and based in Sterling Heights, Mich., E&R Industrial provides more than 100,000 products to 4,000 customers across the aerospace, automotive and general industrial sectors. The company employs more than 350 team members, including metalworking specialists in field sales, inside sales and product management who provide an in-depth and unique technical expertise. E&R Industrial reported 2012 sales of approximately $180 million.

"We are excited to join Grainger," said E&R Industrial President Jerry Pizzimenti. "This allows us to better serve manufacturing customers by combining Grainger's scale and capabilities with E&R's technical expertise and products. I look forward to bringing these two great companies together for a very successful future."

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.