Würth Industry North America, Indianapolis, Indiana, and its subsidiary Northern Safety & Industrial, on Wednesday announced the acquisition of Louisville, Kentucky-based ORR Safety, a privately held safety distributor with revenues of $125 million. Financial terms of the deal weren’t disclosed.
Since 1948, ORR Safety has provided personal protective equipment (PPE) and related safety services to more than 2,000 customers. The company has more than 250 employees and four distribution facilities across the U.S. Würth said the “acquisition of ORR Safety will add depth and diversity to Würth Industry’s current safety product offering by NSI, which Würth acquired in 2015.”
“Würth Industry has strong sales growth targets, both organically and through key acquisitions. This investment represents an important strategic opportunity to expand our personalized safety services to manufacturers across North America,” said Dan Hill, CEO for Würth Industry North America, “The acquisition of ORR safety allows us to expand our market share in the safety solutions and offer safety solutions in new markets such as rail, auto, and government.”
“ORR Safety adds to our personalized safety services and geographic presence to better service our customers, added Sal Longo, chief executive officer of NSI. “We look forward to this partnership and servicing the ORR Safety customers in a greater capacity in the future, especially with our vast range of affordable, high-quality private label and national brand products.”
Added Clark Orr Jr., chairman of ORR: “We’re excited about ORR Safety becoming part of the Würth family. It maintains ORR Safety’s history of providing outstanding safety solutions and expands its private-label offering to its customers.”