Announced
Completed
Financials
Tags
United States
safety equipment
Single Bidder
Domestic
Friendly
safety company
Majority
Acquisition
Specialty Retailers
Private
Completed
Synopsis
Würth Industry North America, an inventory management & industrial distribution firm, and Northern Safety & Industrial, an industrial distributor, completed the acquisition of ORR Safety, a privately held safety company. Financial terms were not disclosed. "Würth Industry has strong sales growth targets, both organically and through key acquisitions. This investment represents an important strategic opportunity to expand our personalized safety services to manufacturers across North America. The acquisition of ORR safety allows us to expand our market share in the safety solutions and offer safety solutions in new markets such as rail, auto, and government," Dan Hill, Würth Industry North America CEO.
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