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Global Industrial buys distributor Indoff for $69 million

Global Industrial Co., a $1 billion-plus industrial and commercial products distributor, is expanding its product and customer base by acquiring Indoff Inc., a national distributor that generated “about $180 million” in 2022 revenue, Global Industrial announced today. Global Industrial is paying “approximately $69.2 million in cash” to acquire St. Louis-based Indoff, Global Industrial said. Indoff […]

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