July 11, 2018
FOR IMMEDIATE RELEASE
SAN LEANDRO, CA
Continental Western Corporation to Acquire Regional Safety Distributor
SAN LEANDRO, California, June 08, 2018 -- Continental Western Corporation announced today it has completed the acquisition of industrial safety and detectables distributor Wholesale Safety. Wholesale Safety will operate as a division of Continental Western Corporation and will retain the Wholesale Safety name and brand. It will continue to be run by the same experienced management team that is in place today. Wholesale Safety will be relocated from Muskego, WI to the Continental Western Corp. branch in Addison, IL.
“From our first discussions, we were impressed with the Wholesale Safety team,” said Frederick Oshay, Chairman and CEO of Continental Western Corporation. “It has built a successful business by providing small to mid-sized companies a full-range of top brand, competitively-priced safety products with exceptional customer service. We look forward to welcoming Wholesale Safety into the CWC family of companies. Our complementary capabilities and industry knowledge make both businesses stronger.”
“I am pleased to move the business forward with Continental Western Corporation,” added Pete Thompson, President and co-owner of Wholesale Safety. “CWC brings an enormous distribution footprint and additional product offerings to our customers. This combination will help us better serve our customers and grow with our vendors, while maintaining an excellent customer experience.”
Pete Thompson and co-owner, Laura Powers, have worked in and operated the business for many years. The company focuses on safety products, with a particularly strong market position in detectables. As such, this acquisition gives Continental Western Corporation an expanded presence in the safety market, while providing Wholesale Safety with additional tools to better service its customer base.
The Continental Western Corporation portfolio of companies now include: Continental Western Corporation (CWC), Hoffmeyer Company, Inc., Parker Supply Co., and Wholesale Safety. The portfolio of companies sell a wide variety of industrial supplies in product categories including: packaging; strapping; stretch film; tape; cordage; conveyor belting; hose; gaskets; valves; steam control; gauges; and safety supplies.
Continental Western Corporation companies operate from 15 distribution centers across the United States - California, Oregon, Washington, Colorado, Texas, Louisiana, Illinois, and has expansion plans to open in Georgia and Pennsylvania.
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SOURCE: Continental Western Corporation