Interline Brands acquires American Sanitary
MRO distributor Interline Brands, Inc. has entered into an agreement to acquire the assets of American Sanitary Incorporated (AmSan), a distributor of janitorial and sanitary supplies.
The purchase price was $127.5 million. The acquisition is expected to close in July.
AmSan offers over 40,000 products from 46 locations in 40 states. Its primary customer base includes institutional facilities, such as schools and universities, health care, lodging and government properties as well as professional cleaning contractors.
'The acquisition of AmSan fits well with our strategy of acquiring businesses with leadership positions in attractive facilities maintenance markets,” said Michael Grebe, president and CEO of Interline, which is headquartered in Jacksonville, Fla. “We believe the acquisition offers numerous opportunities to grow sales and improve profitability.”
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