Acklands-Grainger Inc., a wholly-owned subsidiary of W.W. Grainger, Inc., completed its acquisition of WFS Enterprises Inc. and 971086 Ontario Inc. (collectively, WFS) from the employee-shareholders of WFS, a leading distributor of tools and supplies to industrial markets in Southern Ontario and select U.S. locations.
AGI is Canada's largest distributor of industrial, safety and fastener products. WFS employs approximately 275 people and has 12 locations, including 10 branches in Southwest Ontario and locations in Michigan and South Carolina. WFS had 2013 sales of approximately C$90 million/US$87 million. The acquisition of WFS will allow AGI to provide even better selection and service to customers, particularly those in Eastern Canada and the manufacturing sector.
AGI and Grainger were represented internally by George McClean, Himesh Ghai and Hugo Dubovoy Jr. Norton Rose Fulbright Canada LLP acted as counsel to AGI and Grainger with a team comprising David Millette, Peter Riddell and Laurence Farmer (corporate); David Bannon (employment); Oliver Moore (real estate); Madeleine Donahue (environment); Denis Gascon (competition) and Derek Chiasson (tax).
WFS was represented by Holden & Moorhouse Professional Corporation with a team comprising Daniel Moorhouse, Melissa Stefanic and Linda Martschenko.
AGI is Canada's largest distributor of industrial, safety and fastener products. WFS employs approximately 275 people and has 12 locations, including 10 branches in Southwest Ontario and locations in Michigan and South Carolina. WFS had 2013 sales of approximately C$90 million/US$87 million. The acquisition of WFS will allow AGI to provide even better selection and service to customers, particularly those in Eastern Canada and the manufacturing sector.
AGI and Grainger were represented internally by George McClean, Himesh Ghai and Hugo Dubovoy Jr. Norton Rose Fulbright Canada LLP acted as counsel to AGI and Grainger with a team comprising David Millette, Peter Riddell and Laurence Farmer (corporate); David Bannon (employment); Oliver Moore (real estate); Madeleine Donahue (environment); Denis Gascon (competition) and Derek Chiasson (tax).
WFS was represented by Holden & Moorhouse Professional Corporation with a team comprising Daniel Moorhouse, Melissa Stefanic and Linda Martschenko.
Lawyer(s)
Firm(s)
Norton Rose Fulbright Canada LLP
Holden & Moorhouse Professional Corporation