Grainger buys majority stake in Japanese MRO direct marketer

Grainger announced that it has purchased the majority interest (53%) in MonotaRO Co., Ltd., a direct marketer of MRO supplies based in Osaka, Japan. In 2008, MonotaRO had revenues of $136M and operating earnings of $11 million. Grainger press ...
Sept. 15, 2009

Grainger announced that it has purchased the majority interest (53%) in MonotaRO Co., Ltd., a direct marketer of MRO supplies based in Osaka, Japan. In 2008, MonotaRO had revenues of $136M and operating earnings of $11 million.

Grainger press release

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Doug Chandler, Senior Staff Writer

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Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.