View the latest Interline Brands news

Headquarters: Jacksonville, FL
2010 Revenues: $1.08 billion
Change in Sales from 2009: 2.62%
Employees: 3485
Locations: 57 DCs, 25 showrooms, 38 VMI locations, 9 support facilities, 4 cross-dock facilities
2010 Acquisitions: CleanSource Inc., Northern Colorado Paper Inc.
Key Executives: CEO Michael Grebe; COO Kenneth Sweder; CFO John Ebner; General Counsel Michael Agliata; VP Field Sales Federico Bravo; CIO Lucretia Doblado; VP HR Annette Ricciuti; CAO David Serrano; VP Distribution James Spahn

Interline Brands tapped a new president earlier this year. Kenneth Sweder, who will also continue to serve as the company’s COO, will lead the business. Interline Brands continues to focus its efforts on growing the jan-san side of its business with its AmSan subsidiary. It acquired CleanSource for $60.1 million in October 2010. Michael J. Grebe, Interline’s CEO, said: \”The acquisition enhances our position in the strategically important jan-san market as well as provides us with an opportunity to expand our national account capability to the West Coast. In addition, the transaction provides the potential for meaningful operating and sales benefits as we leverage our platform to generate cost synergies and sourcing benefits, as well as cross-sell more products to deliver a better value proposition to our customers.\” In its most recent quarterly earnings report, Interline reported that trends are positive in end-markets and customers are growing more confident.

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