Executive Vice President Sam Drago of industrial distributor Drago Supply Company, Port Arthur, TX, recently answered some questions from MDM on his family’s decision to sell to Motion Industries, a subsidiary of Genuine Parts Company.
Drago tells MDM that the decision to sell the business came after “years of thought, deliberations and several other offers from excellent companies. This business has been the central focus of our family for over 77 years, so the decision didn’t come easy.”
The key reasons for selling? According to Drago:
- The timing was right. The company has a history of business with …
