• About MDM
  • Cart
  • Terms & Conditions
  • Privacy Policy
  • Cookies Statement
  • News
    • Premium Articles
    • Latest
    • Technology & Digital
    • Mergers & Acquisitions
    • Talent Development
  • Resources
    • Store
      • Market/Economic Data
      • Management
      • Economic Benchmarks for Wholesale Distribution
      • Sales & Marketing
      • Special Reports
      • What Customers Want
    • Conferences
    • Webcasts
    • Podcasts
    • Directories
      • Associations
      • Buying and Marketing Groups
      • Investment Bank Guide for Distributors
    • Free Reports
    • Partners
  • Research
    • 2019 Market Leaders lists
    • MDM Analytics
    • Economic Benchmarks
    • Industry Competitive Landscape
    • White Papers
  • Subscribe
    • MDM Daily Update
    • MDM Premium
    • Podcasts
  • Premium
    • Download The Issue
    • Subscription Renewal
  • Sign In
  • Sign Out
  • My Account
Home » Winsupply Acquires Industrial Equipment & Parts
The company’s legal name becomes Winsupply of Plymouth, MN Co., but will continue to do business as Industrial Equipment & Parts.

Winsupply Acquires Industrial Equipment & Parts

December 4, 2019
Arya Roerig
No Comments

Winsupply Inc., Dayton, Ohio, has acquired Industrial Equipment & Parts, a Plymouth, Minnesota-based distributor of heavy industrial pumps. Terms of the transaction were not disclosed.

Industrial Equipment & Parts provides heavy industrial pumps and supporting value-added parts and services to its customer base of pulp, paper and ethanol industries in five surrounding states of the Upper Midwest. Scott Koontz, previously the general manager at Industrial Equipment & Parts, is staying and will make a substantial investment in the acquired company, and become minority owner and president of the single-location business. Winsupply is the majority owner, reflecting its entrepreneurial, shared-ownership business model.

“Industrial Equipment & Parts has carved out a special niche as a value-added provider of industrial pumps to its customers,” said Monte Salsman, president of Winsupply Acquisitions Group. “Scott Koontz began as an applications engineer who rapidly moved up to sales, then as sales leader, and ultimately as general manager. He has a highly skilled team of industrial experts to serve their customers in Minnesota, Iowa, North and South Dakota and Wisconsin. Now Scott is making a substantial investment as minority owner of the company with Winsupply as majority owner so he can share in the company’s success.”

The company’s legal name becomes Winsupply of Plymouth, MN Co., but will continue to do business as Industrial Equipment & Parts.

Distribution & Manufacturing M&A Winsupply (formerly WinWholesale)
  • Related Articles

    SKF Acquires Software Development Start-up

    Avery Dennison to Acquire Smartrac’s RFID Inlay Business

    Hartman Acquires Levy Paper Company

  • Related Products

    Tencarva Machinery Acquires Engineering Equipment Company

Arya Roerig

Soft Skills Make Tough Competitors

More from this author

Recent Articles by Arya Roerig

Sonepar USA Names New Digital Leadership

ITT Names Non-Executive Board Chairman

HD Supply's Third Quarter Sales Up 2%

Post a comment to this article

Report Abusive Comment

Popular Stories

  • Distributors are About to Get Commoditized

  • Distributors Struggle with Online Pricing

  • Convenience Will Deliver Sales and Loyalty

  • What are College Seniors Looking for as They Enter the Distribution Field?

  • 6 Decision Criteria for Developing a Customer-Centric SKU Management Plan

Subscribe to MDM Update Newsletter

Your best source for news and trends in the wholesale distribution industry

Join Today
  • ABOUT MDM
    • About
    • Terms and Conditions
    • Authors
  • HELP
    • My Account
    • Login Help/ Password Reset
    • Research
    • Privacy & Data Act

CONTACT
6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060 
Toll free (888) 742-5060

 

Copyright ©2019. All Rights Reserved

  • Privacy Policy
  • Terms and Conditions