Grainger Announces Purchase of E&R Industrial Sales, Terms Not Disclosed

Grainger

, the leading broad line supplier of maintenance, repair and operating products serving businesses and institutions, today acquired E&R Industrial Sales, Inc., a distributor of metalworking, production supplies and MRO materials to manufacturers and industrial customers across the Midwest and Eastern United States, and its subsidiaries. With this acquisition, Grainger adds an industry-leading team of metalworking experts and extends its capabilities for serving customers in the manufacturing space. The acquisition is effective immediately. The deal is expected to be neutral to earnings in 2013 and accretive in 2014, including integration costs. Additional terms were not disclosed.