Eastern Metal Supply Expands Reach with New Acquisition
Eastern Metal Supply, Inc. (EMS), a key player in the U.S. aluminum distribution industry, has announced an exciting new partnership. EMS has made a significant move by acquiring the assets of Aluminum Products Wholesale, a company renowned for its high-quality aluminum products.
About Eastern Metal Supply
Headquartered in Lake Worth, Florida, Eastern Metal Supply has carved out a niche as a value-added distributor of various aluminum products. Founded in 1982, the company has experienced impressive growth, now operating out of 17 distribution facilities that encompass nearly 1.6 million square feet of space. EMS serves a wide range of markets, including industrial, commercial, residential, and marine sectors.
What This Acquisition Means for EMS
This acquisition is a pivotal moment for EMS, aiming to strengthen its market presence, particularly in the patio and screen rooms sector. By incorporating Aluminum Products Wholesale's operations and services, EMS is set to enhance its offerings and establish a more efficient supply chain. This will not only broaden their portfolio but also elevate customer service and product quality.
The Significance of Aluminum Products Wholesale
Comments from Leadership
EMS's CEO, Mike Swedick, has shared his excitement about the acquisition, saying, “We’re thrilled to partner with Mitch and the entire APW team to build on their solid reputation in the market. APW will enable us to scale our patio offerings further and grow our overall footprint in North Florida.”
In a similar sentiment, Mitch Shepherd, President of APW, expressed his enthusiasm: “I’m excited to team up with EMS and utilize their extensive product range and resources to better serve our customers. I can’t imagine a better partner for APW, and I’m looking forward to collaborating with EMS as we enter our next growth phase.”
Future Prospects for EMS
As part of the Wynnchurch Capital, L.P. portfolio, EMS is set to gain additional resources and support going forward. Wynnchurch's investment strategy focuses on harnessing growth potential in middle-market companies, which will be instrumental in driving future successes for both EMS and APW.
The Broader Impact of This Partnership
This acquisition signals a wider trend in the aluminum products industry, where distribution partnerships are crucial for businesses aiming to improve their market position. These strategic collaborations offer not just financial backing, but also open doors to new markets and customer segments.
EMS’s commitment to excellence is evident in its operations. By joining forces with Aluminum Products Wholesale, the company is well-positioned to meet the increasing demands of a dynamic market.
Conclusion
The new chapter for Eastern Metal Supply stands as a testament to its growth strategy and its commitment to delivering outstanding service and products in the aluminum distribution sector. Taking proactive steps to acquire established firms strengthens their ability to cater to a broader customer base while upholding their high standards.
Frequently Asked Questions
What is the purpose of Eastern Metal Supply's acquisition?
The acquisition is intended to bolster EMS's offerings and market presence in the aluminum distribution sector, especially concerning patio and screen room products.
Who founded Aluminum Products Wholesale?
Aluminum Products Wholesale was founded in 2001 by Mitch Shepherd, who has helped it build a strong reputation in the aluminum distribution market.
How many distribution facilities does EMS operate?
EMS operates 17 distribution facilities across nearly 1.6 million square feet of space.
What products does EMS specialize in?
EMS specializes in aluminum products serving multiple markets, including industrial, commercial, residential, and marine sectors.
Which firm is backing the investment in EMS?
The investment in EMS is supported by Wynnchurch Capital, L.P., a prominent middle-market private equity investment firm.
