The pandemic has placed some business owners at a crossroads as to whether they should sell off to larger entities in 2021. By almost any measure, the mergers and acquisition market is set to rebound this year, but with that reset there are several factors to consider when it comes to selling out to distributors.
Latest In Winsupply
The company has completed the purchase of substantially all the assets of Avon Supply Co., a plumbing and heating wholesale distributor primarily serving the greater Boston market.
Winsupply Inc., Dayton, Ohio, broke ground Wednesday on the future home of the Richard W. Schwartz Center for Innovation, a facility that will also be the new home of Winsupply of Dayton.
Dayton, Ohio-based distributor Winsupply names Jeff Dice president, Equity Group, and Chris Schrameck, VP, information technology.
Vendor relations is the principal liaison between Winsupply and its preferred and large vendors.
The companys legal name becomes Winsupply of Plymouth, MN Co., but will continue to do business as Industrial Equipment & Parts.
Previously director of sourcing services, Eric Roush will lead Winsupply Sourcing Services in fulfilling its mission of providing supply chain expertise.
The board also announced the promotion of Rob Ferguson as president of the Winsupply Local Company Group.
The new facility will serve electrical contractors in the Greater Portland area.
The new facility will serve waterworks contractors throughout the northeast part of the state.
Texarkana Winwater was previously a satellite operation of Little Rock Winwater.
The wholesaler-distributor of irrigation products in four locations in west Texas and New Mexico.
The distributor is opening new locations in Texas, Maryland and Ohio.
New facility is distributors fifth major regional distribution center; will be up and running in second half of 2019.
The openings expand Winsupply's reach in Texas, Tennessee and Georgia.
California-based Santa Fe Springs Winwater recieves wholesalers top award for second straight year.
Company adds distributors in Washington, Arizona to bring 2017 total to five.