One of area’s biggest businesses acquires Texas-based distributor
Winsupply Inc., one of the largest distributors in the nation, has acquired Milford Cos., a leading distributor of pipe, valve, and fitting (PVF) and water works products, Winsupply announced last week.
Milford Cos. has been operating since 1972, supplying materials and rental equipment for customers’ infrastructure needs, with five locations across Texas, Oklahoma and New Mexico.
The details of the transaction, including purchase price, were not disclosed when the announcement was made Monday.
One of the Dayton area’s largest businesses, employers and fastest-growing companies, Winsupply is in the business of construction wholesaling, every day supplying thousands of different products to contractors and installers nationwide.
It shares risk and equity with partner companies — more than 660 of them — nationwide.
Chase Brown, who currently serves as the COO of Milford Co,. will continue as company president.
“It’s truly rare to find two businesses that share each other’s core values, like Milford and Winsupply,” Brown said in a statement. “... We are confident that this partnership will not only preserve the rich history of our business but also pave the way for many more generations of entrepreneurial success.”
Greg Holbrock, Winsupply’s vice president of mergers and acquisitions, said Milford has “a top-notch professional team.”
“We could not be more excited to add this organization to the Winsupply Family of Companies,” Holbrock said in a statement. “The partnership will position Winsupply for continued strategic growth opportunities and expand the organization’s waterworks portfolio.”