Minneapolis investment firm ShoreView Industries is acquiring MRO fastener distributor Winzer Corp. for an undisclosed amount.
Founded in 1978, Plano, TX-based Winzer provides fasteners and consumable to industrial, automotive, institutional and government markets.
“Winzer has a unique business model, whereby it markets and sells its products through a network of nearly 300 independent, route-based franchisees,” Shoreview stated.
The company also operates brick and mortar stores in Texas and New Mexico, and distribution centers in Santa Fe Springs, CA; Saginaw, MI; Sparks, NV; and Plano. Winzer has more than 80,000 products, 30,000 customers and 275 franchisees. Web: Winzer.com
Founded in 2002, ShoreView manages three funds for a combined total of $900 million. Web: ShoreView.com
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