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Turner Supply acquires Millworks & Supply

PRIVATEAug 03, 20266 days ago

Acquiring Company

Turner Supply

Acquired Company

Millworks & Supply

MobileSavannahManufacturingSupply Chain ManagementManufacturingSupply Chain ManagementLogistics

Description

Turner Supply has announced the acquisition of Millworks & Supply, strengthening its presence in Savannah. This acquisition will enhance Turner Supply's capacity to serve customers across Coastal Georgia and South Carolina. Millworks & Supply will continue the personalized service trusted by its customers. The merger aims to improve operational efficiency and expand service offerings.

Company Information

Company

Turner Supply

Location

Mobile, Alabama, United States

About

Turner Supply, founded in 1905, is an industrial supply distributor that serves customers across the United States. As a fourth-generation, family-owned business, it operates nine stocking locations throughout the Southeast. Turner Supply is one of North America's largest independently owned industrial distributors of maintenance, repair, operations, and production supplies.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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