On April 19, St. Louis-based CK Supply Inc. — a distributor of compressed gases, dry ice and welding equipment — announced it had completed its acquisition of Welds Supply Inc., a Kansas City, Missouri-based supplier serving similar markets. Financial details were not disclosed.
“We couldn’t be more excited and appreciative about the opportunity to combine forces with Welds Supply Inc. as our teams mutually share a dedication to the customer and product knowledge expertise that is unmatched in our region” CK Supply Executive Vice President Brad Dunn said in a news release.
CK Supply said the Welds Supply Inc. property — located in Riverside, Missouri — will continue to act as a primary destination for metal fabrication, manufacturing, welding and mechanical contracting. CK Supply said it will take over operations and look to expand service offerings.
“When looking for a buyer I wanted a company that would take care of our employees and customers in the same manner that has made us successful for all these years, and CK Supply Inc., and their team fits the bill,” said Welds President and owner Roger Schlotzhauer. “It only sweetens the deal that the employees that contributed to the success of Welds Supply will now get to own a portion of CK Supply Inc. through their ESOP program.”