Global Industrial Acquires Indoff Inc.
May 22, 2023 · PORT WASHINGTON, NY / ACCESSWIRE / May 22, 2023 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that it has acquired 100% of the issued and outstanding equity interests of Indoff ("Indoff") for approximately $69.2 million in …
Global Industrial Acquires Indoff Inc. - Industrial Distribution
May 22, 2023 · PORT WASHINGTON, N.Y. — Global Industrial Company, a value-added national distributor of industrial products and MRO supplies, announced Monday that it has acquired 100% of the issued and outstanding equity interests of Indoff for approximately $69.2 million in cash.
Global Industrial Acquires Indoff Inc. - Yahoo Finance
May 22, 2023 · Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that it has acquired 100% of the issued and outstanding equity...
Global Industrial Acquires Indoff for $69M
Dec 12, 2024 · Industrial and business supplies distributor Global Industrial Company announced May 22 that it has acquired Indoff Inc. for approximately $69.2 million in cash.
Behind the Deal: Global Industrial Finds Strategic Fit in Indoff
3 days ago · Industrial and business supply distributor Global Industrial Company completed its first acquisition in 8 years when it added St. Louis, Missouri-based Indoff on May 22.
Global Industrial Acquires Indoff For $69.2M - Yahoo Finance
Global Industrial Company (NYSE: GIC) has acquired Indoff Inc., a value-added business solutions provider, and distributor, for ~$69.2 million in cash. The acquisition was funded from the...
Global Industrial Company - Wikipedia
Global Industrial Company, is a Port Washington, New York based company and is a provider of industrial and MRO (maintenance, repair, and operating supply) products through a system of branded e-Commerce websites and relationship marketers in North America. The primary brand is Global Industrial.
Global Industrial’s Sales Edge Up Following Indoff Acquisition
Aug 1, 2023 · Global Industrial Co. reported higher sales in its latest fiscal quarter — reversing year-over-year declines in its previous two earnings reports — thanks to its May acquisition of Indoff.
Global Industrial Net Acquisitions/Divestitures 2010-2024 | GIC
Net acquisitions/divestitures can be defined as the total change in cash resulting from both investments in businesses and sales of businesses or business segments. Global Industrial Company, through its operating subsidiaries, is a provider of …
Global Industrial Returns to M&A - Industrial Distribution
Aug 29, 2023 · Less than three weeks later – after not announcing a single acquisition since its 2015 addition of Plant Equipment Group – Global Industrial completed a nearly $70 million purchase of Indoff Inc., a St. Louis-based business solutions provider and distributor to a broad range of B2B and B2C industries, including not only Global’s targeted ...