The 2020 Mid-Year Economic Update_long

Acklands-Grainger Acquires K&D Pratt Industrial Division

K&D Pratt Industrial Division has three facilities in the Atlantic Provinces.

Acklands-Grainger Inc., Toronto, Ontario, a wholly owned subsidiary of industrial distributor Grainger, has acquired the assets of the K&D Pratt Industrial Division. The industrial division, with 2008 sales of approximately C$12 million (US$11.34 million), is a distributor of industrial and safety products with facilities in Dartmouth, Nova Scotia, St. John’s, Newfoundland and Labrador, and Saint John, New Brunswick. It was previously one of six business units owned and operated by K&D Pratt Group Inc.

Terms of the deal were not disclosed.

“We are very excited about joining forces with the K&D Pratt Industrial Division and anticipate it will help us enhance our position as our customers’ indispensable partner in keeping their facilities safe, efficient and functional,” said Sean O’Brien, president of Acklands-Grainger. “They are a leading distributor in Atlantic Canada and their solid customer relationships and service excellence will further enhance our strong local presence in this key and growing region.”

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