Stellar Industrial Supply acquires USA Safety Supply
Stellar Industrial Supply is acquiring USA Safety Supply Corp., a family owned, 20-year-oldpersonal protection equipment distirbutor based in Eagan, Minnesota. The deal is scheduled to close July 31.
USA Safety Supply offers a broad range of products from more than 250 manufacturers and is recognized for its industry leading low back-order rates. The acquisition expands Stellar’s national presence, now with 20 regional hubs and expands Stellar’s expertise and offering in the safety product category.
“We continue to build out Steller's reach and capabilities, always with our customer’s needs in mind," said Stellar Industrial Supply president and CEO John Wiborg. "I’m happy that the USA Safety team is joining forces with Stellar. This new acquisition brings us a great team and furthers our geographic and product expansion. Stellar already has excellent capabilities in the safety category, and this is really a positive addition to our platform,” said “Rick and Laura Raether have built an excellent company that knows how to deliver value to customers. The culture they have created aligns with Stellar’s. We are looking forward to working with them and their team to bring more value to our customers,” continued Wiborg.
Laura Raether, USA Safety Supply CEO, added, "We are thrilled to join the Stellar Industrial Supply family. Their leadership, integrity and commitment to service is world class. More importantly, thank you to our customers who have supported USA Safety Supply Corp. for the past 20 years and we look forward to serving you under the Stellar Industrial Supply name going forward. Also a very special thank you to our dedicated and hardworking employees and their many years of service. Here's to an exciting future ahead!"