BlackHawk acquires E.F. Bailey
BlackHawk Industrial Distribution has acquired E.F. Bailey Company, a Seattle, Wa.-based industrial distributor focused in the metal working industry.
E.F. Bailey is the seventh acquisition by BlackHawk Industrial, expanding the company's geographic footprint into the Pacific Northwest. Financial terms of the transaction were not disclosed.
Founded in 1945, E.F. Bailey is a distributor of cutting tools, abrasives, fluids and engineered product along with a wide variety of MRO supplies serving end-user customers primarily in the markets of Washington, Oregon, Idaho, and Montana.
“We are excited to add the talented employees of EF Bailey as part of our growing family of operating divisions within BlackHawk Industrial," said Bill Scheller, CEO of BlackHawk Industrial. "E.F. Bailey, led by Dan Cornish and Rod Burdge, has a very long history of being a supplier of choice with strong customer and vendor relationships in its local marketplace. We believe that E.F. Bailey will be further enhanced as part of Blackhawk Industrial as a result of additional operating scale, management resources and a broader product offering. We are also excited to share the combined resources of BlackHawk Industrial with the customer and vendor base of E.F. Bailey.”
Cornish and Burdge will continue to lead the E.F. Bailey Division, and will report to Bob Miller, senior vice president of regional development at BlackHawk Industrial.
“We look to Bob’s continued regional leadership at BlackHawk and in his ability to impact the regional marketplace," said Scheller. "Bob has been tasked to grow the E.F. Bailey division of Blackhawk Industrial both organically and through future acquisitions in its local marketplace. Our goal is to add additional branches, new sales staff, and to further expand our customer service resources to deepen our penetration in the local markets.”
Austin Kravik, former president and CEO of E.F. Bailey said: “The entire EF Bailey staff is excited to become the newest member of the expanding BlackHawk Industrial family. We spent the past two years watching Bill Scheller build BlackHawk into a new dynamic distributor in the industrial marketplace. As I looked at the culture and leadership style that BlackHawk has built, we believe it matches the direction we have found successful."
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Industrial Supply Co. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
