M&A Deal Summary

SEPG Acquires Garland C. Norris Co.

On December 2, 2019, SEPG acquired distribution company Garland C. Norris Co. from SPR

Acquisition Highlights
  • This is SEPG’s 1st transaction in the Distribution sector.
  • This is SEPG’s 1st transaction in the United States.
  • This is SEPG’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2019-12-02
Target Garland C. Norris Co.
Sector Distribution
Buyer(s) SEPG
Sellers(s) SPR
Deal Type Divestiture

Target

Garland C. Norris Co.

Apex, North Carolina, United States
Garland C. Norris Co. is a wholesale distributor of food service disposables and janitorial and cleaning supplies. Garland C. Norris Co. was founded in 1904 and is based in Apex, North Carolina.

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Buyer(S) 1

Buyer

SEPG

Spartanburg, South Carolina, United States

Category Company
Founded 1969
Sector Distribution
Employees500
DESCRIPTION

SEPG is a distributor of facility supplies, foodservice disposables, and industrial packaging equipment and products. SEPG operates nine warehouses, and proudly offers more than 25,000 products from over 500 major manufacturers to businesses across the region. SEPG was founded in 1969 and is based in Spartanburg, South Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

SPR

Atlanta, Georgia, United States

Category Company
Founded 1848
Sector Distribution
DESCRIPTION

SPR operates from a network of 30 full-stocking distribution centers strategically positioned across the U.S. to support more than 8,000 resellers, including office products dealers, JanSan distributors, online e-tailers, and others. SPR was founded in 1848 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 3
Sector: Distribution M&A 1 of 2
Type: Divestiture M&A Deals 1 of 3
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-19 Safety Zone

Guilford, Connecticut, United States

Safety Zone is a virtual manufacturer of branded and private-label personal protective equipment and janitorial, safety, hygiene, and sanitation products. Through its Safety Zone and Impact Products divisions, the Company serves a diversified customer base, including janitorial and sanitation supply distributors, safety products resellers, food service and food processing distributors, and retailers. Safety Zone was founded in 1973 and is based in Guilford, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-30 Impact Products

Toledo, Ohio, United States

Impact Products is a manufacturer and distributor of branded and private label commercial cleaning and maintenance accessories, safety & personal protection products (PPE) for use in the janitorial, foodservice, healthcare, industrial, school, hospitality, commercial office, and retail end markets. Impact offers a comprehensive and well-recognized brand portfolio, consisting of ProGuard, Malt, Layflat, DiversaMed, Foameeze, Naturelle, Eclipse, and Rest Assured.

Sell -