Stellar Industrial Supply to Acquire USA Safety Supply Corporation
Stellar Industrial Supply is set to acquire Eagan, MN-based PPE distributor USA Safety Supply Corporation in a deal scheduled to close July 31. Terms of the transaction were not disclosed.
The acquisition expands Tacoma, WA-based Stellar’s national presence and product offerings. USA Safety Supply’s product range represents more than 250 manufacturers, adding to Stellar’s 1,500+ that cater to customers in safety, metalworking, marine supply, aerospace and other general manufacturing and processing organizations. It increases Stellar’s footprint, which now spans 20 regional hubs.
“We continue to build out Steller’s reach and capabilities, always with our customer’s needs in mind. I’m happy that the USA Safety team is joining forces with Stellar,” company President and CEO John Wiborg said in a news release. “This new acquisition brings us a great team and furthers our geographic and product expansion, Stellar already has excellent capabilities in the safety category, and this is really a positive addition to our platform. Rick and Laura Raether have built an excellent company that knows how to deliver value to customers. The culture they have created aligns with Stellar’s. We are looking forward to working with them and their team to bring more value to our customers.”
The transaction will integrate USA Safety Supply’s customer relationship and industry expertise of 20 years into Stellar’s network.
“We are thrilled to join the Stellar Industrial Supply family. Their leadership, integrity and commitment to service is world-class,” added Laura Raether, USA Safety Supply CEO. “More importantly, thank you to our customers who have supported USA Safety Supply Corporation for the past 20 years and we look forward to serving you under the Stellar Industrial Supply name going forward.”