Mergers & Acquisitions

Behind the Deal: Global Industrial Finds Strategic Fit in Indoff

Global Industrial CEO Barry Litwin shares what made Indoff the perfect fit to be the industrial distributor's first acquisition since 2015.

June 12, 2023

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Industrial and business supply distributor

Global Industrial Company

completed its

first acquisition

in 8 years when it added St. Louis, Missouri-based

Indoff

on May 22.  Despite not having acquired any new companies since 2015 when Global Industrial (

then a subsidiary of Systemax

) purchased Plant Equipment Group, the company’s CEO Barry Litwin says Global Industrial has been continually evaluating the market ever since, waiting on the perfect strategic fit. “We have been active in the market for a long time,” Litwin told MDM. “But it’s really about finding the right fit at the right price.…

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