|
 
|
Midwest HVAC News
Winsupply acquires Discount
Drainage Supplies, Ohio-based water works distributor.
Winsupply Inc., one of the largest distributors in the nation, has
completed the purchase of Discount Drainage Supplies, a waterworks
distributor with three locations in Ohio. Based in Akron, Discount
Drainage is the largest stocking distributor of drainage pipe and
related products in Ohio, including culvert pipe, PVC pipe and
septic supplies. Details of the purchase were not disclosed.
Each of the three Discount Drainage locations in Akron, Columbus and
Reading are renamed effective immediately: Winwater of Akron,
Winsupply of N.E. Columbus and Winsupply of Reading.
Matt Huebner, CEO of Discount Drainage Supplies, becomes president
of Winwater of Akron and plans to invest in substantial ownership of
the location. Larry Gorman, who manages the Reading location, plans
to invest in Winsupply of Reading. Their ownership of their
respective local companies follows the Winsupply business model in
which each location has a co-owner along with the parent company,
Winsupply Inc., which is the majority owner.
Story
continues below ↓
advertisement
| your
ad here
“Discount Drainage
has developed an excellent reputation since it was founded in
1986 for sales and service in their three regional markets,”
said Monte Salsman, president of Winsupply Acquisitions Group.
“They are known for maintaining a large inventory of pipe,
fittings and accessories for on-time delivery to their
customers’ job sites.”
In the Winsupply business model, Winsupply is the majority owner
of its companies, reflecting its shared-ownership business model
in which local entrepreneurs have autonomy to decide how best to
serve their customers, and to share in the financial risks and
rewards of ownership.
About Winsupply Inc.
Winsupply Inc. (www.winsupplyinc.com)
is a leading supplier of residential and commercial construction
and industrial supplies and equipment headquartered in Dayton,
Ohio. The privately-held company has more than 600 wholesaling
locations in 45 states and offers entrepreneurs the unique
opportunity to own a meaningful part of the local business.
Collectively, Winsupply is known as “The Winsupply Family of
Companies” and includes Win-branded locations (including
Winwater), Noland Company, Carr Supply, Security Plumbing &
Heating Supply, APCO, and other regional suppliers the company
has acquired. In the family are companies conducting
business-to-business wholesale distribution of supplies and
equipment in plumbing and heating; hydronics; pipe, valves and
fittings; HVAC and refrigeration; electrical; fastening
hardware; waterworks and utility; pumps; turf irrigation and
landscape; and fire system fabrication. Follow Winsupply on
Facebook, LinkedIn, and Twitter.
###
|
|
