JPW acquires Balleigh Industrial
JPW Industries has acquired Baileigh Industrial Holdings, a marketer, manufacturer and distributor of metalworking and woodworking products.
Terms of the transaction were not disclosed.
Through its wholly-owned subsidiary, RMD, Baileigh designs and manufactures Baileigh-branded metalworking machinery. Baileigh’s operations in Manitowoc, Wisconsin, and Two Rivers, Wisconsin, including warehouse, customer service, technical service and manufacturing will remain in their current locations.
“We are excited to welcome Baileigh into the JPW family of brands and provide our customers with the most comprehensive portfolio of high-quality metalworking and woodworking products globally," said Scott Leichtling, CEO of JPW. "Baileigh is exactly the type of brand we look for: a world-class company known for its commitment to innovation, culture of excellence and deeply loyal and diverse array of end users. We will continue to support the growth of the Baileigh brand while leveraging JPW’s supply chain and customer service capabilities to improve the overall value proposition to our collective customer base.”
Stephan Nordstrom, Baileigh’s founder, will join JPW’s board of directors to help ensure a smooth transition. “I am exceptionally proud of Baileigh’s strong global presence and the dedicated, hardworking associates who helped build this company from scratch,” said Nordstrom. “As part of JPW, we will be well-positioned to enter our next phase of growth, expand our services and product offerings and reach new customers.”
INDUSTRIAL SUPPLY MAGAZINE
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