On Oct. 20, Kentucky-based electrical and plumbing supply distributor Wiseway Supply announced it acquired plumbing supply company Stearns Supply of North Vernon Indiana.
The acquisition expands Wiseway Supply’s service area into Indiana with one branch. The branch will add to Wiseway Supply’s 10 branches and two Design Showrooms located in Southwest Ohio, and in Northern and Central Kentucky.
“The acquisition of Stearns Supply fits well with our long-term plan of strategic, profitable growth,” said Wiseway Supply’s CEO and President John Cain in an LinkedIn post.
Former Stearns Supply owners Wayne and Keither Stearns said in the news release that Wiseway Supply will be able to “service our very diverse customer base, perhaps even driving faster growth in our footprint with their innovative solutions and processes.”
Related Posts
-
West Florida Supply is a distributor to retailers, education systems, food processors and municipalities, City…
-
The deal expands Thomas Scientific's distribution centers in the Northeast, furthering the ability to assist…
-
This is the 3rd acquisition in 2023 for SiteOne, as it expands the number of…