DAYTON, Ohio, Feb. 4, 2013 " WinWholesale Inc., headquartered in Dayton, Ohio, has obtained a majority interest in a new partnership with Carr Supply and Carr Supply of Michigan. Carr Supply is a Columbus, Ohio, based wholesale distributor of plumbing, heating, ventilation, and air conditioning supplies and equipment, and water well supplies. The company also installs shower doors and closet systems.
The former owners of the company have retained their key management positions and a substantial equity stake in the new partnership.
The transaction, which closed Feb. 1, created a new company that will continue the Carr Supply name and operate as its own entity with the same management team that has provided superior service to contractor customers.
Carr Supply has 13 locations in Ohio and two in Michigan. WinWholesale is one of the nation's largest distributors of supplies and materials to residential and commercial construction and industrial markets. It now has nearly 550 locations in 45 states.
"Carr Supply is a high quality distributor to include in WinWholesale's portfolio," said Jack Johnston, WinWholesale president. "Part of our growth strategy is to invest in well-run wholesaling companies that fit well within their industries and where we want to strengthen our presence. We were attracted to Carr Supply's long history of excellent customer service and its strong business presence in the markets it serves."
"We are extremely pleased to have entered into this partnership with WinWholesale. It allows Carr Supply to build upon its long tradition of superior products and customer service with increased financial strength," said Greg Essig, Carr Supply president.
Carr Supply, established in 1917, has 135 employees. Carr supplies its locations from a 120,000 square-foot warehouse in Columbus.
About WinWholesale Inc.
WinWholesale Inc. (www.winwholesale.com) is a leading supplier of residential and commercial construction and industrial supplies and materials headquartered in Dayton, Ohio. The privately held company has nearly 550 wholesaling locations in 45 states and offers entrepreneurs the unique opportunity to own part of the local business. Collectively, WinWholesale is known as "The Win Group of Companies." In the group are companies conducting business-to-business wholesale distribution of plumbing and heating supplies; hydronics; industrial pipe, valves and fittings; heating, ventilation, air conditioning and refrigeration equipment; electrical equipment; industrial and commercial fastening hardware; waterworks and utility supplies; domestic, commercial and industrial pumps, and turf irrigation and landscape supplies. Follow WinWholesale on Facebook, Twitter and YouTube.
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