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Grainger Acquires Safety Solutions

Safety Solutions is a distributor of safety footwear, supplies and services.

Grainger (NYSE: GWW), Chicago, IL, has acquired Safety Solutions Inc., a Dublin, OH-based distributor of safety footwear, supplies and services with a strong focus on the manufacturing sector. Terms of the deal were not disclosed.

In 2012, Safety Solutions Inc. had sales of $63 million.

"This acquisition extends Grainger's strong position in safety with a leading on-site safety footwear service and a unique benefit management program that tracks purchasing and compliance for customers," said Court Carruthers, senior vice president and group president, Americas.

Including integration costs, Grainger expects the acquisition to be slightly dilutive to earnings in 2014 and slightly accretive in 2015.

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