Acklands-Grainger Closes WFS Deal

Grainger reported in its press release that its Acklands business continues to face the adverse effects of a sluggish macroeconomic environment and unfavorable currency exchange, and that revenues from the business dipped 8.5% (down 3% in local currency) to $264 million in the second quarter.

W.W. Grainger Inc.’s Canadian business, Acklands-Grainger, closed the acquisition of Windsor, Ontario-based WFS Enterprises Inc., a distributor of tools and supplies for industrial markets in southern Ontario and select U.S. locations. 

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TAGS: Global
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