Lab Safety Supply, Inc. a subsidiary of W.W. Grainger, Inc.
MERTZ ASSOCIATES
has assisted and advised LSS in designing an acquisition search program and continues to cultivate relationships with potential sellers.
MCFEELY’S SQUARE DRIVE SCREWS, Lynchburg, Virginia, is a business-to-business direct marketer of specialty fasteners, hardware and tools for the professional woodworking industry. McFeely’s serves over 70,000 active customers including serious woodworkers, handymen, home improvement professionals, construction companies and cabinet makers. The company had annual sales in 2006 of more than $9 million.
LAB SAFETY SUPPLY, INC. (LSS), Janesville, Wisconsin, is the leading business-to-business direct marketer of industrial and safety products in North America. LSS is the premier direct marketer of targeted, specialty brands. This transaction is similar to LSS’ successful acquisitions of Ben Meadows, Gempler’s, AW Direct, Rand Professional Equipment and Construction Book Express businesses, which have provided new growth and diversification to the LSS customer base.
W.W. GRAINGER, Lake Forest, Illinois, is the leading broad line supplier of facilities maintenance products serving businesses and institutions in Canada, China, Mexico and the United States. It operates through a highly integrated network including nearly 600 branches, 18 distribution centers and multiple Web sites with sales over $5.9 billion. Grainger shares are traded on the New York and Chicago stock exchanges under the symbol GWW.