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Acklands-Grainger broadens Quebec presence with purchase of Baie-Comeau distributor

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Acklands-Grainger Inc., Canada's largest distributor of industrial, safety and fastener supplies, has acquired the assets of Baie-Comeau industrial distributor Fercomat Inc., effective Sept. 191. Acklands-Grainger expects an incremental sales contribution of approximately $3 million from this acquisition over the next 12 months. Terms of the deal were not disclosed. "Fercomat has a strong track record of service and by working together, we will leverage our combined expertise to offer local customers — such as mining, hydroelectricity and aluminum industries — access to the broad array of products and services they need to help keep their facilities running and their employees…

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