Add-on acquisition Dec 2019 · Plymouth, Minnesota
Winsupply acquires Industrial Equipment & Parts via shared-ownership model
National distributor Winsupply purchased Minnesota-based Industrial Equipment & Parts, taking majority equity while the local GM became minority owner/president under Winsupply's co-ownership model. Terms undisclosed.
“Winsupply Inc., one of the largest distributors in the nation, has purchased Industrial Equipment & Parts, a Plymouth, Minnesota-based distributor of heavy industrial pumps. Details of the asset purchase were not disclosed.”
Entities
Industrial Equipment & Parts · Target Winsupply Inc. · Acquirer
HVACOtherPlumbing
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.