Grainger Announces Acquisition of Safety Solutions Incorporated
Grainger, a broad-line supplier of maintenance, repair and operating products serving businesses and institutions, today acquired Safety Solutions Inc., a Dublin, Ohio-based distributor of safety footwear, supplies and services with a strong focus on the manufacturing sector. In 2012, Safety Solutions Inc. had sales of $63 million. The terms of the deal weren't disclosed. Including integration costs, Grainger expects the acquisition to be slightly dilutive to earnings in 2014 and slightly accretive in 2015.