Construction and industrial supplies and equipment distributor Winsupply Inc., on Tuesday announced it has completed the purchase of substantially all the assets of Avon Supply Co., a plumbing and heating wholesale distributor primarily serving the greater Boston market. Details of the purchase were not disclosed.
Avon Supply Co. is located in Wakefield, Massachusetts, and serves area contractors in Boston and southern New Hampshire with plumbing, boilers and hydronic heating supplies for new construction, remodeling, maintenance and repair. Avon Supply Co.’s previous owner, Robert Berman, will remain with the company as president and invest in substantial equity in the new entity to share ownership with Winsupply Inc., which has majority ownership.
“Avon Supply Co. has a solid reputation in both the residential and commercial markets with strong customer loyalty,” said Monte Salsman, president of Winsupply Acquisitions Group. “This acquisition offers Winsupply the opportunity to expand our footprint in the greater Boston region.”
The company will do business as Winsupply of Wakefield. Winsupply is No. 11 on MDM’s annual ranking of top industrial distributors.