Acquisition Announcement
Schaumburg, Illinois (November 2, 2015)– SellstromManufacturing Co., is pleased to announce the sale of the company to the JET Group, a wholesale manufacturer of tools, equipment and safety products, based in Vancouver, Canada.
About JET Group:The JET Group consists of several leading brands servicing the professional tool, equipment and safety markets including: JET®, Strongarm®, ITC®, STARTECH®, Pioneer®, Ranpro® and PeakWorks® in Canada, and American Forge & Foundry® in the U.S. Their professional “One-Source” Canadian product portfolio includes: hand tools, tool storage, shop equipment, lube/fluid transfer, air tools material handling, hydraulic lifting equipment, lighting, abrasives and cutting tools, Hi-Vis safety apparel, FR safety apparel, rain wear, work wear, work boots and fall protection products.
The acquisition of Sellstrom is perfectly aligned with JET Group’s corporate strategy to expand its reach into the U.S. safety market.
About Sellstrom:Sellstrom is a well-respected, 92 year old brand of PPE products in the U.S. and globally. Sellstrom offers an impressive portfolio of premium quality PPE products including: head, eye, face, arc-flash, hearing, welding safety products and helmets, the RTCTMbrand of fall protection equipment as well as their industry leading MonitorTMGermicidal Cabinets and Gravit-EyeTMportable eye wash stations. We are pleased to announce that the Sellstrom management team will be joining the JET Group and remain completely focused on the product, service and sales development of the Sellstrom brand globally.
The Benefits: JET Group offers Sellstrom the capital, resources and expertise necessary to enhance their existing business. The strategy will be to aggressively expand the range of available products in many of Sellstrom’s existing PPE categories. Over time Sellstrom’s U.S. customers will gain access to many of JET Groups industry leading Canadian safety categories such as; Hi-Viz apparel, FR apparel, industrial rain wear and work boots.
This acquisition will not affect your business today. Sellstrom will remain a stand-alone division of the JET Group, based in Illinois. We thank you in advance for your ongoing support and look forward to continuing to earn your PPE business in the future. If you have any questions, please do not hesitate to contact your Sellstrom representative or any of their management team as required.
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