Acklands-Grainger acquires K&D Pratt Industrial Division

Purchase strengthens distributor's business in Atlantic Canada


Industrial Distribution Staff -- Industrial Distribution, 11/30/2009 9:44:59 AM

Acklands-Grainger, the Canadian division of broad-line MRO distributor W.W. Grainger, acquired the assets of K&D Pratt Industrial Division.
K&D Pratt's industrial division sells industrial and safety products from facilities in Dartmouth, Nova Scotia; St. John's, Newfoundland; and Saint John, New Brunswick. With 2008 sales of C$12 million (approximately US$11.3 million), the division was previously one of six business units owned and operated by K&D Pratt Group Inc. Terms of the deal were not disclosed.
"We are very excited about joining forces with the K&D Pratt Industrial Division and anticipate it will help us enhance our position as our customers' indispensable partner in keeping their facilities safe, efficient and functional," Sean O'Brien, president of Acklands-Grainger, said in a statement announcing the deal. "They are a leading distributor in Atlantic Canada and their solid customer relationships and service excellence will further enhance our strong local presence in this key and growing region."
The acquisition follows two other recent purchases by W.W. Grainger. Earlier this month, Grainger bought lighting service company Alliance Energy Solutions; in October, the distributor bought Green Bay, Wis.-based Imperial Supplies, which sells maintenance products and aftermarket components for the vehicle and fleet industry.