Grainger Completes Acquisition of Fabory Group

By W.w. Grainger Inc., PRNE
Tuesday, August 30, 2011

CHICAGO, August 31, 2011 -

Grainger (NYSE: GWW) today announced it has completed its acquisition of Fabory Group, a leading European distributor of fasteners and related MRO products.  Grainger announced its intention to acquire Fabory on August 15, 2011 and anticipates that the transaction will be neutral to earnings per share in 2011 and 10 to 12 cents accretive in 2012.  

“We are delighted to complete this acquisition so promptly and to officially welcome the Fabory team to Grainger,” said Court Carruthers, President, Grainger International. “We look forward to working with Fabory leadership to accelerate their branch and product expansion plans while leveraging their expertise as a fastener specialist to benefit all of our businesses.”

Fabory is headquartered in Tilburg, the Netherlands, and is a fastener market leader in the Netherlands and Belgium. With projected 2011 sales of ~$350 million (euro 250 million), Fabory offers its 120,000 customers access to more than 80,000 products in 14 countries.  Fabory continues to expand its branch network and product line, with a particular focus on Central and Eastern Europe.  

The acquisition of Fabory gives Grainger a presence in the world’s largest MRO market with an established and highly regarded business.  Grainger plans to continue its international expansion efforts, focusing on geographies that offer significant growth opportunities, including Latin America and Asia.

About W.W. Grainger, Inc.

W.W. Grainger, Inc., with 2010 sales of $7.2 billion, is North America’s leading broad line supplier of maintenance, repair and operating products, with expanding operations in Europe, Asia and Latin America.  For more information about the company, visit

Forward-Looking Statements

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Media, Robb Kristopher, Director, Media Relations, +1-847-535-0879, robb.kristopher at, or Sara Granack, Director, International Communications, +1-847-535-0755, sara.granack at, or Investors, Laura Brown, SVP, Communications & Investor Relations, +1-847-535-0409, laura.brown at, or William Chapman, Director, Investor Relations, +1-847-535-4356, william.chapman at, all of W.W. Grainger, Inc.

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