Grainger Buys Safety Solutions, Terms Undisclosed

(RTTNews) - Grainger (GWW), a broad line supplier of maintenance, repair and operating products serving businesses and institutions, Tuesday acquired Safety Solutions Inc., a Dublin, Ohio-based distributor of safety footwear, supplies and services with a strong focus on the manufacturing sector. The terms of the deal were not disclosed.

In 2012, Safety Solutions Inc. had sales of $63 million. Including integration costs, Grainger expects the acquisition to be slightly dilutive to earnings in 2014 and slightly accretive in 2015.

Court Carruthers, Senior Vice President and Group President, Americas, said, "This acquisition extends Grainger's strong position in safety with a leading on-site safety footwear service and a unique benefit management program that tracks purchasing and compliance for customers."