Add-on Acquisition • Distribution

Grainger Acquires Cromwell Group

On September 1, 2015, Grainger acquired distribution company Cromwell Group for 310M GBP

Acquisition Context
  • This is Grainger’s 11th transaction in the Distribution sector.
  • This is Grainger’s largest (disclosed) transaction.
  • This is Grainger’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date September 1, 2015
Target Cromwell Group
Sector Distribution
Buyer(s) Grainger
Deal Type Add-on Acquisition
Deal Value 310M GBP

Target Company

Cromwell Group

Leicester, United Kingdom
Cromwell Group (Holdings) Ltd. is an independent MRO distributor.
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Buyer Overview 1

Buyer

Grainger

Lake Forest, Illinois, United States

Category Company
Founded 1927
Sector Distribution
Employees23,500
Revenue 17.2B USD (2024)
DESCRIPTION
Entrance to Grainger's corporate headquarters in Lake Forest, Illinois.
Entrance to Grainger's corporate headquarters in Lake Forest, Illinois.

Grainger is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services used by businesses and institutions primarily in the United States and Canada. The Company also has a in Europe, Asia and Latin America. Grainger was established in 1927 and is based in Lake Forest, Illinois.


Deal Context for Buyer #
Overall 13 of 13
Sector: Distribution 11 of 11
Type: Add-on Acquisition 8 of 8
Country: United Kingdom 1 of 1
Year: 2015 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-03 Safety Solutions

Dublin, Ohio, United States

Safety Solutions is a distributor of safety footwear, supplies and services with a strong focus on the manufacturing sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-26 Techni-Tool

Worcester, Pennsylvania, United States

Techni-Tool, Inc. is a distributor of test equipment, tool kits, soldering supplies, ESD products, chemicals, hand tools, and more to the electronic production industry. The company products are available through our catalogs, website, and direct sales force, and 95% of all orders are shipped the same day.

Sell -