After Hardware Sale, Bostwick-Braun to Focus on Industrial Distribution - Modern Distribution Management

After Hardware Sale, Bostwick-Braun to Focus on Industrial Distribution

It follows the news that the distributor is selling its wholesale hardware unit to House-Hassan.
Bostwick-Braun Industrial

A week after the announced pending sale of its wholesale hardware business, Bostwick-Braun is going all-in on its industrial distribution services and products unit.

The Toledo, OH-based distributor shared March 26 that its strategic decision to make its industrial services and products unit be the company’s exclusive business was the key motivator behind the sale of its wholesale hardware arm to House-Hasson (Knoxville, TN).

“Selling our hardware division enables us to focus all our energies on Bostwick-Braun Industrial,” the company’s CEO, Pete Richichi, said in a March 26 news release. “We serve thousands of industrial customers in four states and sell nationally through our website. This transaction will deepen our industrial customer relationships and expand our product offerings.”

Primarily serving manufacturers, construction companies and metalworking shops, Bostwick-Braun Industrial is a family of companies supplying goods and services to industrial customers. The company detailed that these companies and key product offerings include:

  • Columbus Fasteners Corp. (CFC) — providing fasteners, anchors, strut, other construction and industrial supplies
  • Wayne Fasteners, Inc. — providing fasteners, power tools, metal working tools, abrasives and band saw blades
  • EBN Industrial Supply – providing general construction and industrial supplies, including a wide variety of fastener and metal working tools
  • JMC Sales & Engineering – providing metalworking tools, tooling accessories, saw blades and customized blades and serving as an authorized Lennox Welding Center
  • MSI – providing power tools and accessories, ladders and other general industrial supplies

Collectively, Bostwick-Braun Industrial companies distribute 125,000 stock-keeping units (SKU) from 13 warehouses in Ohio, Indiana and Kentucky.

Bostwick-Braun’s history dates to 1855. Until 12 years ago, the company principally supplied independent hardware stores. Its business started to change when, through acquisitions, Bostwick-Braun entered the industrial services field.

“Bostwick-Braun has a remarkable, and in many ways, unequaled history,” Richichi said. “A business doesn’t survive and grow over nearly 170 years without evolving. We will continue to provide customers with an extensive line of quality products by employee-owners who are committed to great customer service.”

Bostwick-Braun is an employee-owned company with 240 employee-owners.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!