MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

Interline Brands Acquires Copperfield to Expand in MRO


Interline Brands, Inc.,
Jacksonville, FL, has acquired Copperfield (CCS Enterprises, Inc.), Fairfield,
IA, a national distributor and direct marketer of specialty ventilation and
chimney maintenance products, for $70 million. Copperfield brings annual sales
of $41 million.  See article href="/Admin/news/35_15/news/2764-1.html"
target=_blank>here
.



The acquisition of Copperfield fits
Interline's strategy of expanding in the residential repair markets, says
Michael Grebe, president and CEO of Interline Brands. "We were attracted to
Copperfield because of its strong catalog brand, national distribution coverage
and EBITDA margins exceeding 20%. Copperfield's strengths in direct marketing
and multi-channel sales fit extremely well with our operations and our culture.
This acquisition enables us to continue to expand our HVAC business, and
provides purchasing leverage and sourcing opportunities."


Interline will use its existing
infrastructure to improve operations, expand the market, and cross-sell items to
Copperfield's customer base from Interline's existing product offering, added
Grebe. Copperfield's management team will stay with the company as it joins
Interline Brands.


Founded in 1979, Copperfield
operates six distribution centers throughout the U.S. and employs over 125
people. The company offers more than 5,000 brand name and private label repair
and replacement items including chimney replacement and relining products,
specialty ventilation components, hearth products and gas and electrical
appliances.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center