Posted March 6, 2019

NEFCO acquires Blume Supply

The NEFCO Corporation, a distributor of construction and industrial supplies, announced its acquisition of Blume Supply Inc.

Blume Supply is a STAFDA specialty construction and industrial supply distributor servicing the greater Charlotte, North Carolina market.

“As a family business, we try to find acquisition opportunities that align with our core values and close-knit culture. Blume Supply meets that criteria perfectly. As a highly respected family business in the heart of Charlotte, Blume Supply provides a tremendous springboard for NEFCO in one the largest construction markets in the Southeast,” said David Gelles, president of the NEFCO Corporation.

With the addition of Blume Supply, NEFCO will have 11 distribution centers along the East Coast.

Since 1974, Blume Supply has focused on servicing contractors in the commercial and residential construction industry.

“This is just what Charlotte needs with the growth that we’re experiencing right now, we are really looking forward to this new partnership,” said Steve Blume, second-generation Blume Supply president. “To join forces with NEFCO is a perfect opportunity for our team. This combination will turbo charge our business and improve our capacity to support our current customers and many more to come.”