Progressive Plumbing Supply Acquires Distributor Delwood Supply - Modern Distribution Management

Progressive Plumbing Supply Acquires Distributor Delwood Supply

Delwood Supply has multiple locations in the Detroit metro area, according to an announcement posted by the Beringer Group.
Progressive Plumbing Supply

Independent business advisory firm The Beringer Group on Jan. 6 announced that its client Delwood Supply Inc. finalized the sale of the company to Progressive Plumbing Supply Company, Inc.

Delwood Supply Inc. serves contractors and homeowners in the Detroit, Michigan, market and has has multiple locations in the Detroit metro area.

The Beringer Group acted as exclusive financial advisor to Delwood Supply Inc. during the negotiations and transaction, according to the announcement.

MDM’s M&A Virtual Summit, to be held Feb. 21-22, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.

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