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. 

 Acklands-Grainger had previously announced its intention to acquire WFS in July to provide an enhanced source of supply to customers, particularly those in eastern Canada and the manufacturing sector. Founded in 1955, WFS currently has

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