EDMONTON, ALBERTA--(Marketwire - Dec. 4, 2012) - COMMERCIAL SOLUTIONS INC. ("Commercial" or "Company") (TSX:CSA), a leading Canadian distributor of bearings, power transmission equipment, oilfield, industrial, and safety products, is pleased to announce it has entered into a letter of intent (the "LOI") with Industrial Distribution Group, Inc. ("IDG"), pursuant to which IDG or its affiliate, subject to certain conditions, would acquire all of the issued and outstanding common shares (the "Common Shares") of the Company for a cash purchase price based on an enterprise value of CAD$51.38 million, which represents, after deducting the Company's indebtedness and subject to transaction expenses, approximately CAD$1.50 in cash per Common Share representing approximately an 87% premium over the closing price of the Common Shares on the TSX on December 4, 2012. The transaction would be implemented by way of a statutory plan of arrangement.