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Management And Training

Interline Brands Inc. announces acquisition of CleanSource

November 01, 2010
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JACKSONVILLE, FL — Interline Brands Inc. has announced that it acquired all of the assets of CleanSource Inc., a distributor of janitorial and sanitation supplies, according to a press release.
CleanSource, a leading regional JanSan distributor headquartered in San Jose, California, primarily serves institutional facilities in the health care and education markets, as well as building services contractors, the release noted.
"The acquisition of CleanSource fits well with our strategy of acquiring well-run businesses with leadership positions in attractive facilities maintenance markets," said Michael J. Grebe, Interline''s chairman and chief executive officer (CEO).
"In addition to being accretive, we believe the acquisition offers numerous opportunities to grow sales and improve profitability. In particular, the acquisition enhances our position in the strategically important JanSan market as well as provides us with an opportunity to expand our national account capability to the West Coast," Grebe added.
Click here to read the complete release.
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