MRO specialist Grainger, former owner of Fabory, is to set to sell E&R Industrial Sales - a something - to LA-based private equity firm Paradigm Equity Partners.
Grainger - owner of MRO focused Zoro - first brought E&R Industrial on board in 2013.
"We are excited about this next stage of growth with Paradigm Equity Partners," said Jason D'Souza, President, E&R Industrial Sales, Inc. "E&R Industrial is firmly committed to a smooth transition for our customers, suppliers and team members."
Grainger will continue to serve customers with maintenance metalworking products, services and expertise while focusing on its core business of maintenance, repair and operating (MRO) products and services. Customers will continue to have access to E&R's assortment when purchasing through Grainger, while E&R customers will have access to Grainger's MRO-leading assortment when purchasing through E&R.
Details of the agreement were not publicly disclosed.
W.W. Grainger, Inc saw sales in 2022 of $15.2 billion. The broad line distributor has operations primarily in North America, Japan and the United Kingdom, serving more than 4.5 million customers worldwide.
