The 2020 Mid-Year Economic Update_long

Acklands-Grainger Acquires Solus Securite

Solus Securite will continue to operate in its existing locations.

Acklands-Grainger Inc., the Canadian subsidiary of Grainger (NYSE: GWW), Chicago, IL, has acquired Solus Securite Inc., Trois Rivieres, Quebec. Solus Securite, a distributor of fire protection and safety equipment, has locations in Trois Rivieres, Victoriaville, Montreal and Sorel. Terms of the deal were not disclosed.

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2009 sales for Solus Securite were C$20 million (US$19.5 million).

\”Our Quebec customers have told us they want more products and services available to them that help them keep their facilities and employees safe,\” said Sean O’Brien, president of Acklands-Grainger. \”Working together with our new team members and sharing best practices, we will leverage our combined expertise to offer local customers more of the products and services they need, where and when they need them, including safety product repairs and technical support.\”

Acklands-Grainger and Solus Securite will continue to operate separately in their respective locations for the immediate future.

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