FEMSA, North American and WAXIE Acquire SWPlus

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FEMSA, North American and WAXIE Acquire SWPlus

NW Synergy, a joint venture of JanSan and facilities maintenance distributors, has added the Wichita, Kansas-based company to expand its footprint of product and service offerings.
FEMSA, North American and WAXIE Acquire SWPlus

NW Synergy (NWS) — the combination of JanSan and facilities maintenance distributors North American and WAXIE Sanitary Supply — on Tuesday announced the acquisition of SWPlus, a Wichita, Kansas-based integrated distributor of sanitary maintenance supplies and equipment, food service disposables, safety products, skin care and more. Financial terms of the deal weren’t disclosed.

SWPlus has been family-owned and operated since 1938. NWS, whose majority shareholder is the Monterrey, Mexico-based global conglomerate FEMSA, said the addition of SWPlus “expands the geographic reach of NWS, providing strength, scale and expanded portfolio offerings.” NWS now operates 28 distribution centers across the country, with nearly 1,500 employees working to support more than 30,000 customers.

“We are thrilled to bring an industry player the likes of SWPlus into our family,” said Mark M. Fisher, CEO of NWS. “There is tremendous efficiency and opportunity by establishing a national platform that can solve problems and deliver products and solutions that improve the daily operations, health, wellness and safety of people, facilities and businesses across the country.”

“We are very excited to be joining ranks with such a distinguished group of industry leaders,” added Eric Tangeman, president and CEO of SWPlus. “It’s not every day you get to partner with such complementary businesses with the same commitment to being good employers and community partners.”

The move should help NWS — now composed of WAXIE, North American, FEMSA and SWPlus — further expand its product and service reach.

“The addition of SWPlus to the NWS portfolio strengthens our entity considerably,” said Charles Wax, co-chairman of the board. “Not only does SWPlus bring the same family-owned, customer-oriented culture that has distinguished our businesses, this addition means more product diversity and increased economic value.”

John Miller, co-chairman of the board, added: “Never in the history of our 100-year-old company have we seen a greater need for solutions. And never have we seen our largest customers — like hotels, arenas and food service venues — face such disruption to their operations. Providing a national solution is exactly what this industry needs right now.”

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