|
Southeast HVAC News
Winsupply acquires May Supply,
Virginia provider of plumbing, water systems.
|
Winsupply Inc., one of the largest distributors in the nation,
has closed on the purchase of assets of May Supply, a wholesale and
retail distributor of plumbing and water system materials, and
kitchen and bath design and fixtures, serving customers throughout
west central Virginia from two locations. The company has its
primary location in Harrisonburg, Va., and a second location in
Ruckersville, Va. Details of the purchase were not disclosed.
May Supply has been incorporated as Winsupply of Harrisonburg VA,
but will continue to do business as May Supply. The company becomes
part of the Winsupply Family of Companies.
May Supply offers plumbing and wastewater solutions. Its
Harrisonburg location includes a large showroom with kitchen and
bath design professionals. The company also provides sales of
waterers that are freshwater sources for livestock in the
agriculture market in Virginia, West Virginia, North Carolina and
South Carolina along with certified well water testing.
Charles “Chuck” May, a second generation owner, becomes president of
May Supply and is purchasing equity in the company under Winsupply’s
shared ownership business model. May was formerly operations
manager.
Story
continues below ↓
advertisement
| your
ad here
“May Supply is
well-known for outstanding service that includes the best solutions,
product selection and knowledge base throughout its market,” said
Monte Salsman, president of Winsupply Acquisitions Group.
“We are all excited to be part of a larger organization, but still
be able to operate independently,” said Chuck May. “Winsupply gave
the stockholders a fair deal and treated the new employees to more
opportunity.”
In the Winsupply business model, Winsupply is the majority owner of
its companies, reflecting its shared-ownership business model in
which local entrepreneurs have autonomy to decide how best to serve
their customers, and to share in the financial risks and rewards of
ownership.
About Winsupply Inc.
Winsupply Inc. (www.winsupplyinc.com)
is a leading supplier of residential and commercial construction and
industrial supplies and equipment headquartered in Dayton, Ohio. The
privately-held company has more than 600 wholesaling locations in 45
states and offers entrepreneurs the unique opportunity to own a
meaningful part of the local business. Collectively, Winsupply is
known as “The Winsupply Family of Companies” and includes
Win-branded locations, Noland Company, Carr Supply, Security
Plumbing & Heating Supply, APCO, and other regional suppliers the
company has acquired. In the family are companies conducting
business-to-business wholesale distribution of supplies and
equipment in plumbing and heating; hydronics; pipe, valves and
fittings; HVAC and refrigeration; electrical; fastening hardware;
waterworks and utility; pumps; turf irrigation and landscape; and
fire system fabrication. Follow Winsupply on Facebook, LinkedIn, and
Twitter.
###
|
|