BradyIFS, Envoy Solutions Complete Blockbuster Merger - Modern Distribution Management

Log In

BradyIFS, Envoy Solutions Complete Blockbuster Merger

Two of North America's largest JanSan, foodservice and packaging supplies distributors are now one.
MicrosoftTeams-image (252)
Author
Date

Major JanSan products, foodservice disposables and packaging supplies distributors BradyIFS and Envoy Solutions announced Oct. 31 that they have completed the landmark merger that they originally announced on Aug. 30

The finalization announcement follows the clearing of regulatory approval and customary closing conditions.

The deal — for which terms were not disclosed — creates a new company with nearly $5 billion in annual revenue, according to both firms. It now has nearly 6,000 employees across 180 locations, and more than 100,000 branded and exclusive brand products.

The two distributors are now operating as a single organization as of Nov. 1, though a news release did not indicate if one will take the other’s name, or if both will maintain their brand identities.

Kenneth Sweder, previously BradyIFS’ Chairman and CEO, now serves as the Chairman and CEO of the combined company.

“It’s an exciting day for our companies and teams,” Sweder said in the release. “We will ‘Win as One’ by bringing our companies together to deliver the best value for our customers, suppliers, and associates.”

Both companies have been regulars on MDM’s annual Top Distributors Lists. Both appeared on the unranked 2023 list for Top JanSan Distributors, and the two companies also have grown in recent years via acquisitions.

M&A activity in the past few years has helped both distributors grow. The merger with Envoy Solutions marks BradyIFS’ sixth deal in 2023, after also reaching six deals in 2022. Envoy Solutions also has made six acquisitions in 2023, after making 16 deals last year.

BradyIFS noted in July 2022 that it had surpassed $1.3 billion in annual revenue, but hasn’t publicly mentioned a financial update since.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.