Combined company will expand Vallen's vision to deliver
unique and customizable supply chain solutions across a variety of
industries
BELMONT,
N.C., July 11, 2024 /PRNewswire/ -- Vallen
Distribution ("Vallen"), a global leader in optimized indirect
industrial supply chain solutions, is pleased to announce that it
is expanding its global footprint with the acquisition of Eastland
Engineering Supply from MML Growth Capital Partners
Ireland, management and founders.
Since its founding, Vallen – a portfolio company of Nautic
Partners LLC – has focused on providing a value proposition rooted
in technical product knowledge, deep experience with supply chain
solutions, and excellent customer service.
EES was founded more than 30 years ago and has grown from
sourcing and providing engineering spare parts and consumables to
becoming the largest Irish-owned service provider for MRO program
supply chain and operations needs. EES has operations in
Ireland, the United Kingdom and the United States.
Robert Keatinge, CEO of EES,
said, "My team and I are very excited with this announcement
because we can clearly see that the EES DNA aligned with Vallen in
every way. We feel that this acquisition will allow us to continue
to deliver a world class service to our customers through a highly
respected global company."
As a combined company, Vallen and EES will continue to provide
premier supply chain services and offerings to the market and be
positioned to invest in innovative solutions that drive success for
customers and suppliers worldwide.
Chuck Delph, CEO of Vallen,
said, "EES is an outstanding supply chain service provider, and we
are excited about the opportunity ahead for our combined company.
This transaction further expands our operations in Europe and enables us to continue delivering
premier solutions and innovations for our customers' indirect spend
and opens new opportunities for growth across several
industries."
About Vallen
Vallen is an industry leader in
delivering flexible supply chain solutions and services along with
a comprehensive range of maintenance, repair, operating,
production, safety and electrical products to meet the growing
supply needs of customers in facilities across North America and Europe. For more information, visit
vallen.com.
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SOURCE Vallen Distribution, Inc.