Toronto, Ontario-based Acklands-Grainger Inc., a wholly owned subsidiary of Grainger, announced its acquisition of Ranson Industrial and Safety Supplies Inc., Sarnia, Ontario, effective February 20, 2010. Ranson, with 2009 sales of approximately C$8 million, is a distributor of industrial and safety products with one location in Sarnia, Ontario. Terms of the deal were not disclosed.
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In the short term, both businesses will continue to operate separately in their respective locations. Ranson will transition to the Acklands-Grainger Sarnia location in late 2010 using the Acklands-Grainger brand name.
\”We share common values that focus on serving customers with the utmost integrity,\” said Bob Gladwish Sr., CEO, Ranson Industrial and Safety Supplies Inc. \”We expect a seamless transition for our employees and customers and know they will appreciate Acklands-Grainger’s industry-leading network and commitment to superior service.\”
Acklands-Grainger operates 40 locations in Ontario and has served the Sarnia community for more than 10 years. The acquisition further builds on recent investments the company has made in Ontario, which include a new state-of-the-art 13,000 sq ft. facility in Sarnia opened in 2006, and the opening of four new branches in Richmond Hill, Milton, Hamilton and Newmarket in 2009.
