ShoreView acquires Winzer Corporation
Minneapolis-based private equity firm ShoreView Industries announced its acquistion of Winzer Corporation, a general line distributor of fasteners and consumable maintenance supplies.
Headquartered in Plano, Texas, Winzer serves customers engaged in maintenance, repair, and operations activities across a diverse range of end markets including industrial, automotive, institutional, and government.
"Winzer has a unique business model, whereby it markets and sells its products through a network of nearly 300 independent, route-based franchisees. The company also operates brick and mortar stores in Texas and New Mexico," according to a ShoreView press release.
“With over 70,000 products, 30,0000 customers and 275 franchisees, Winzer is an established leader in the industrial maintenance supply market,” said Dave Swanson, managing director with Antares Capital, which partnered with ShoreView in the acquisition. “We look forward to supporting Winzer and ShoreView as together they continue to grow and expand the company,”
ShoreView partners with family and entrepreneurial-owned companies that span across several business sectors. ShoreView is involved with industries such as engineered products, distribution, industrial services, business services, and niche consumer product companies.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
