American Granby Inc., Liverpool, N.Y., announces that its owner, John Lowe, acquired CB Supplies Ltd. in Canada and its affiliates, effective March 20, 2012.
The acquired assets include CB Supplies
Ltd., Vanguard Pipe and Fittings Ltd., Canfit Industries Ltd., Canip Industries
Ltd. and Seymour Industries Ltd. The five companies operate from four locations
in Canada – Vancouver, Calgary, Toronto and Montreal.
CB Supplies Ltd. manufactures and
redistributes products to the residential and commercial plumbing and heating
and HVAC markets throughout North America from its four locations.
It specializes in the manufacture of PEX
tubing/pipe for the potable water and radiant heating markets through Vanguard
Pipe and Fittings Ltd. The company also offers a wide variety of copper
fittings, tubing and pipe, malleable iron pipe fittings, steel pipe nipples and
refrigeration fittings for these markets.
John Lowe, owner of American Granby
Inc., Monarch McLaren, Toronto, and Monarch McLaren, Wisconsin, states that he
is “proud to add the assets of CB Supplies Ltd. and its affiliates to our
current holdings. CB Supplies has a long history in North America of providing
high-quality plumbing and heating and HVAC products to the ResCom wholesaler.
This acquisition complements our existing holdings, and allows for further
penetration of water systems products across Canada and plumbing and heating
products in the U.S.”
No changes are anticipated in the day-to-day
management of the CB Supplies operation.
American Granby Acquires CB Supplies Ltd.
May 15, 2012