Interline Brands, Inc., a national distributor and direct marketer of maintenance, repair and operations (MRO) products, has agreed to acquire substantially American Sanitary Incorporated, a national distributor of janitorial and sanitary supplies for a cash purchase price of $127.5 million.
The acquisition is expected to close in July 2006, subject to customary closing conditions. Interline has received debt financing commitments from Lehman Brothers and JP Morgan.
American Sanitary is one of the largest national distributors in the $23 billion U.S. janitorial and sanitary maintenance supply industry. The company offers more than 40,000 products to more than 50,000 customers from 46 locations in 40 states. Its primary end markets include institutional ...
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Interline Brands, Inc., a national distributor and direct marketer of maintenance, repair and operations (MRO) products, has agreed to acquire substantially American Sanitary Incorporated, a national distributor of janitorial and sanitary supplies for a cash purchase price of $127.5 million.
The acquisition is expected to close in July 2006, subject to customary closing conditions. Interline has received debt financing commitments from Lehman Brothers and JP Morgan.
American Sanitary is one of the largest national distributors in the $23 billion U.S. janitorial and sanitary maintenance supply industry. The company offers more than 40,000 products to more than 50,000 customers from 46 locations in 40 states. Its primary end markets include institutional ...
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