The General Services Administration and the U.S. Postal Service alleged Grainger failed to provide pricing agreed to in the government contracts.
December 27, 2012
Acquisition expands Princes presence in the North American energy / petroleum market segment.
Production in all four of the regional sectors increased.
Recapitalization enables penetration of new geographies and metal categories.
Acquisition enhances value proposition to oilfield services, construction and other energy-related customers.