7/14/2015 12:45:00 AM
NEWS BRIEFS
Würth Acquires Northern Safety and Industrial
Würth Group acquired New York- based Northern Safety and Industrial for an undisclosed sum. The acquisition is the first step in Würth’s plan to enter the safety market.
Northern Safety now operates as an allied company within Würth Industry of North America (WINA).
Founded in 1983 by Salvatore Longo, Northern Safety and Industrial, headquartered in Frankfort, NY, is a national distributor of safety and industrial supplies, with over 100,000 customers and 500 employees across 18 locations. Web: Northernsafety.com
“The Würth Group has a long- standing strategy of enhancing our product offering,” stated executive VP Marc Strandquist. “The acquisition of Northern Safety supports that strategy.”
“Northern also brings a strong multi-channel marketing presence, which is a key component in the growth strategy for Würth,” Strandquist added.
Würth Group has annual revenues of €10 billion and employs more than 63,000 people.
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