Grainger (GWW) to Acquire Cromwell in $482M Deal
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/31/2026
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil settles lower on clues about Fed policy, rumors of Hormuz deal
- Dollar jumps after Warsh comments, set for weekly gain
- McKesson reports cybersecurity incident affecting its information systems
- Mizuho is bullish on Broadcom ahead of Sept. 2 earnings, citing 30-quarter streak
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- BioNTech ends colorectal cancer mRNA therapy trial early
- Needham sees mature node semiconductor strength in latest tracker
Grainger Announces Agreement To Acquire Cromwell, The Largest Independent British MRO Distributor
July 30, 2015 8:02 AM EDTCHICAGO, July 30, 2015 /PRNewswire/ -- Grainger (NYSE: GWW), North America's leading broad line distributor of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced it has entered into a definitive agreement to acquire Cromwell Group (Holdings) Limited, together with its subsidiaries ("Cromwell") on a cash free, debt free basis for £310 million GBP, (approximately $482 million USD) in cash.  The transaction should be completed in early September.  The acquisition of Cromwell is expected to be immediately accretive in 2015 and $0.10 to $0.15 accretive to... More
