Global industrial acquires indoff inc.

-provides new sales channel and diversifies customer base- port washington, ny / accesswire / may 22, 2023 / global industrial company (nyse:gic), a value-added national distributor of industrial products and mro supplies, today announced that it has acquired 100% of the issued and outstanding equity interests of indoff ("indoff") for approximately $69.2 million in cash. the acquisition was funded from the company's existing credit facility and cash on hand.
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