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The business is a vital resource for the heating industry, providing reliable and rapid distribution when items wholesalers need are not readily available in their own warehouse.
To be eligible for consideration, companies were required to show revenue of at least $500,000 in each of the fiscal years ending 2017, 2018 and 2019, as well as revenue growth in 2019, as compared to 2018.
The new facility provides Canada-based AD members with redistribution of over 75 product lines of industrial, safety and janitorial items, including private-label brand Tuff Grade.
This partnership will create the AD Safety Network Division, which will be led by Marisol Fernandez, who is also the president of the Industrial and Safety–U.S. Division.
The purchase of this North American leader in API valves will not change any of IV's other valve relationships, who are focused on the AML marketplace.
President and CEO Bill Bradshaw and VP of Sales Alan Cohen take the reins of the nearly 60-year-old manufacturers’ rep firm.
August 31, 2020
Private and family-held businesses heavily populate the plumbing industry. The leadership and transition between owners are issues that can make or break a business’s future.