ABC Supply Co. Inc. to Acquire Bradco Supply Corp.
This is ABC’s first large acquisition since the untimely death of co-founder Ken Hendricks on Dec. 21, 2007. “The acquisition of Bradco continues the dream that Ken and I both shared since the company’s founding in 1982,” said Diane Hendricks, ABC Supply’s owner, co-founder and Chairman of the Board. “I believe that this is the ideal time for this acquisition as it establishes a strong foundation for our next phase of growth.” The acquisition is the largest in ABC’s history and the combined company will operate 479 locations in 45 states and the District of Columbia with combined sales of over $4 billion.