Home Depot ramps up with Interline
Just about a year ago Home Depot completed its $1.63 billion acquisition of Interline Brands, one of the largest MRO distributors in the country (No. 19 on Industrial Distribution's 2015 Big 50 List). The acquisition caused many in our industry wondering how Interline would fit into the plans of the giant home improvement chain.
Those questions-somewhat-were answered Tuesday as Home Depot talked with financial analysts after releasing its Q2 earnings.
Interline’s professional salesforce calls on institutional customers, multi-family dwellings, and hospitality segments. At the time of the acquisition, HD executives pointed out that there are strong synergies between the two companies and those salespeople have the ability to provide turnkey solutions and not just sell products. HD, in turn, helps Interline with its buying power, excellent supply chain, store locations and growing online business.
This is just more competition for traditional Jan/San houses. All the more reason to have your worn brand, BYOB (Be Your Own Brand) To learn more about BYOB click here
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Relaxing day today after Alex Jarden and I completed our 5th Triathlon yesterday. Here we are after 1/3 mile swim, 11 mile bike and 3.5 mile run.
Have a great day and an even better sales week!