January 3, 2018

Atlanta construction distributor to buy W. Htfd. supplier for $380M

PHOTO | A.H. Harris
PHOTO | A.H. Harris
A truck at A.H. Harris Construction Supplies.

Atlanta contracting distributor HD Supply Holdings Inc. said Wednesday it plans to purchase West Hartford's A.H. Harris Construction Supplies for $380 million.

Founded in 1916, A. H. Harris generated about $380 million in annual sales over the last 12 months, HD Supply said. The Connecticut company, which distributes building products and equipment to the heavy and highway, commercial, industrial and residential construction markets, has more than 600 employees and more than 50 locations in 12 states in the Northeast and mid-Atlantic.

The purchase strengthens that regional position for HD Supply and deepens its product expertise, said John Stegeman, president of HD Supply, which operates three companies in the U.S. and Canada. HD Supply has 220 locations in North America and more than 4,800 employees, the company said.

The deal is expected to close in HD Supply's first fiscal quarter of 2018.

Editor's Note: This story was corrected as Kim Corwin is no longer CEO of A.H. Harris.

Comments
Free E-Newsletters

Sign up now for our daily and weekly
e-newsletters! Click Here

 
Today's Poll Are you optimistic or pessimistic about CT's economy in 2018?<>
ADVERTISEMENTS
Most Popular on Facebook
Copyright 2017 New England Business Media