Financial Advisor
Northern Safety & Industrial
M&A Advisory
Has Been Acquired By
Transaction Details
- On July 31, 2015, Würth Group announced the completion of its acquisition of Northern Safety & Industrial in a private merger agreement
- Under the merger, Northern Safety is now operating as an allied company within Würth Industry of North America (WINA), one of the largest assembly component distributors in the U.S.
- Northern Safety will continue to operate under the same name, maintain the same workforce and continue to be headquartered in Frankfort, NY
- The acquisition strengthens the Würth Group’s advance into the industrial safety market
- Stephens Inc. served as financial advisor to Northern Safety & Industrial
About the company
Northern Safety & Industrial
Northern Safety & Industrial distributes safety and industrial supplies to companies in the United States. The company currently services over 100,000 customers and employs nearly 500 people across its 19 locations. The company was founded in 1983 and is based in Frankfort, New York with distribution centers across the United States.
Würth Group
The Würth Group is a world market leader in its core business of assembly and fastening material distribution. Würth Group currently consists of over 400 companies in more than 80 countries and has over 67,000 employees on its payroll. 30,000 of these are permanently employed sales representatives. The Würth Group generated total sales of EUR 10.13 billion in fiscal year 2014.
Sources: Company documents and publicly available information.
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