10/15/2009
NEWS BRIEFS
Grainger Acquires Imperial Supplies

Grainger bought fastener and trucking supply distributor Imperial Supplies LLC from American Capital Ltd. in all-cash acquisition for an estimated $60 million. Precise terms have not been disclosed.

Green Bay, WI-based Imperial is a national distributor of threaded fasteners, including Grades 5 and 8, along with MRO components for the vehicle and fleet industry. Founded in 1958, Imperial reported 2008 sales of $67 million, with distribution centers in Green Bay; Charlotte, NC; Dallas, TX, and Reno, NV.

The business will continue to operate as Imperial Supplies LLC under Grainger’s Specialty Brands business and will be led by Imperial CEO Rob Gilson. Gilson will report to Ralph Howard, vice president of Specialty Brands.

Grainger’s Specialty Brands consists of Lab Safety Supply; Gempler’s; Professional Equipment/Construction Book Express; Rand; McFeely’s; AW Direct; and Highsmith. ©2009 GlobalFastenerNews.com

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Related Links:

• Imperial Supplies

• Grainger