Executive vice president chief commercial officer is leaving the company.
Latest In Stellar Industrial Supply
Union of Stellar Industrial and Impact Industrial was about more than just business.
MRO distributor Stellar Industrial Supply, Tacoma, WA, found an ideal acquisition target in Impact Industrial Supplies, Tampa Bay, FL. The companies CEOs spoke with MDM about the deal that merged like-minded organizations with similar goals and cultures.
This article includes:
- How the relationship between the two companies evolved
- Creating a smooth transition for employees
- Advice for successful M&A deals
Subscribers should log in below to read this article.
Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:
- Behind the Deal: Anixter & HD Supply
- Global Industrial M&A Activity Keeps Pace in 2Q15
- MDM Interview: TTI’s Strategic Approach to Global Growth
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Acquisition will expand company’s presence in Northern California.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Acquisition will expand company's presence in Arizona.
The merger will expand Stellar's presence in the Southeast.
The purchase improves Stellars presence in MRO, safety, cutting tools and abrasives.
Earlier this year, Tacoma, WA-based Stellar Industrial Supply announced the addition of Larry Davis, former president of ORS Nasco, to its executive team as executive vice president and chief commercial officer. The move was part of a strategy by Stellar to grow “faster and more effectively.” MDM Publisher Tom Gale recently spoke with Stellar’s executive team, including President & CEO John Wiborg, Executive Vice President & COO Steve Slater and Davis, about the shifts in the market that drove the shift in strategy and where the company is heading.
This article includes:
- Why Stellar Industrial hired Larry Davis
- The goals the distributor has for shifting its strategic focus
- How the move will impact Stellar’s customers and partners
Subscribers should log-in below to read this article.
Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:
- Cost-Effective Channel Alignment
- Who's My Coach? The Changing Role of Sales Managers in Distribution
- Redwood Plastics: Success through Online Engagement
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Stellar Industrial's executive team tackles this question after adding Larry Davis.
Larry Davis will join Stellar as an equity partner.
