Home » Acklands-Grainger Acquires Excel Industriel
Acklands-Grainger Acquires Excel Industriel
June 9, 2008
Grainger's Canadian subsidiary Acklands-Grainger Inc. has acquired Excel Industriel, Granby, Quebec. Excel is a business-to-business broad line distributor of maintenance, repair and operating (MRO) supplies.
The company expects an incremental sales contribution of $11 million from the acquisition over the next 12 months. The two existing Acklands-Grainger and Excel branches in Granby will be merged.
W.W. Grainger, Inc., with 2007 sales of $6.4 billion, is a broad line supplier of facilities maintenance products serving businesses and institutions in Canada, Mexico and the U.S., with a growing presence in Shanghai, China.