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    Grainger buys majority stake in Japanese MRO direct marketer

    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 ...

    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