WESCO acquires Brews Supply
WESCO Distribution's wholly-owned Canadian subsidiary has agreed to acquire Brews Supply Ltd. headquartered in Calgary, Alberta.
Closing is expected to occur in early October 2011. Brews, founded in 1927, is a full-line distributor of industrial, utility and commercial products with branches in Calgary, Edmonton, Mississauga and Fort McMurray. Its trailing 12-month sales were approximately $50 million.
"We are very pleased to have the Brews employees become part of the WESCO team. Brews is a well-established business with long-standing customer and supplier relationships and operates in the high growth energy and industrial regions of Western Canada," said John J. Engel, WESCO's chairman and chief executive officer.
"We are very pleased to be joining WESCO. We are a customer centric organization and as part of WESCO we have greater opportunities for our employees and are better positioned to serve and grow our customer relationships," added Dale Berstad, Brews Supply president.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GME Supply. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Howard Coleman, as well as interviews with numerous product and distribution industry experts.
